The second way is to dye the skein as a palindrome that goes from light to dark and back to light. I added this method to the repertoire because if you wanted to knit mittens or slippers from one skein, you can start knitting one from each end in order to make them match.
I knit up another sample cowl that shows how the 2 differ. This one is simple garter stitch knit flat and seamed. I used one entire skein of Faun Worsted 3ply in Rose Speckled Gradient.
I originally tried to do a texture pattern, but I ripped it out because I realized that this yarn shines the brightest using simple stitches. It would make a great beginner project because you could knit garter or stockinette and let the yarn do all the work for you.