Penny Lane was released in February 1967 as one side of a double A-sided single, along with "Strawberry Fields Forever"...McCartney and Lennon would meet at Penny Lane junction in the Wavertree area to catch a bus into the centre of the city... (Read more here: http://en.wikipedia.org/wiki/Penny_Lane)
AH. SPEECHLESS. WORDLESS. WHATEVER YOU CALL IT. I cannot contain myself!!!!! I don't think I can make it until December. Actually I know I can't. But hey, if Frodo and Sam can take the ring to Mordor, then I can wait. I guess.
Entrelac: is a knitting technique used to create a textured diamond pattern. While the result resembles basket-woven strips of knitted fabric, the actual material comprises interconnected squares on two different orientations. Read more here (thank you @Cafsur Fine): http://en.wikipedia.org/wiki/Entrelac