Schulana Bando

I found Schulana Bando in my cheap yarn store today. A ladder ribbon, 44% merino, 43%acrylic and 13% nylon. Knits up on needles size 20 mm, 6 stitches per 10 cm. I can't decide if I should go (run!) back and pick it up. The ribbon is w-i-d-e; 3/4", which is about 1.8 cm. As far as I could see, Monopol carries only white Bando, with thin black lines/seams.

I don't need this, that's for sure, but would it be fun? What would you do with something like that?
Something like this?