I am back to where I was when disaster struck Clapotis! Completed a repeat and dropped the stitch without too much incident, thank goodness. It's weird to go back to this laceweight after knitting up the sweater, scarf, and hat with Eljido. Clapotis is almost 40" long at this point, and I've done seven repeats of the straight section. My plan is for the piece to be about 60" long, so, mathematically, that means I have to do three or four more repeats. It will be interesting to see if it works out that way.
I can see why people do this pattern more than once. It's interesting yet not terribly difficult. And it's quite variable, depending on your yarn choice. And everybody's doing it!