Know When to Run

Friends, how do you know when to forge ahead with a project despite the fact it's starting to look fug and you can foresee that salvaging it will only contribute to your gray hair count?

Or am I simply at the crossroads aptly described by funny Tweeter Kelly Oxford who now and then tweets the following "If you loved what you're writing & now you hate what you're writing, you're halfway through."

Because boy, do I ever hate this:

I'm at the "do I stay or do I go" stage. I don't want to commit any more time or supplies to something so stinky. I'm going down to the Garment District today. Maybe I should just start over — with a solid colour, and NO piping. This fabric, after all, is a NIGHTMARE to work with. I hate it more than words can say. I look at it too hard and it stretches, taking the plaid off-grain. Ugh. I even took the step of sewing twill tape along the edges:

But maybe, just maybe, once it's all together, I will once again see the potential in this? Or not. I hate to so easily abandon a project (because of what that says about my personality? That's one for the therapist), but I don't need one more thing in my closet that I never wear. It shames me when I'm sifting through and say to myself, "Ugh. I MADE that."

So how do you know when to hold 'em (and know when to fold 'em ... back up and deposit at the bottom of the scrap pile)?