One thing worth mentioning is that I haven't seen a photo (online or in a book) that adequately shows just how COOL this cast on actually looks in person. I took photos and they also fail to capture the magic.
Here it is, with K1P1 ribbing for the cuff of a sock:
with the waste yarn
after the waste yarn was pulled out
Hmm, I don't know why but it just looks so much better in person. The only downside is that it seems to take forever (at least it did for my 78 stitch socks on size 0 needles) and I'm not sure it's worth the effort. People rarely notice what color your socks are let alone what the cast on looks like. I suppose it's something a knitter does to please oneself, because nobody else is going to care at all.