I finished Month 1: April and got a Level 3.
The cast-ons I learned were:
Tubular cast-on: very stretchy, makes a nice "hem" at the start of your piece. Looks great with ribbing. Doesn't look as weird as some other cast-ons if you're using oversized needles.
Garter stitch tab cast on: invisible if you're going to be working in garter stitch. You get to knit from three directions on the tab, so it's great for starting a shawl in the middle.
The bind-offs were:
Tubular bind-off. Matches the tubular cast-on, has pretty much the same properties.
Elastic bind-off. As it says in the title, elastic. Duh. As stretchy as the sewn bind-off but doesn't use as much yarn. Good for lace or the top of socks.
Stay tuned for the May edition: Increasing and Decreasing!
Want to be a Mistress of Knitting? Go to http://www.ravelry.com/discuss/lsg-mistress-of-knitting/