Jacket thoughts

photo from Neimen Marcus

There is a discussion on Artisan's Square regarding this Armani jacket with a flounce.

Mardel shows it at great length in her flickr photos. It looks gorgeous and feminine without being too much. I am not really a ruffle person, but I like this jacket.
With the Armani jacket in mind, I recently purchased this pattern.

Erica Bunker has made (twice, I think) and loves it. I think you must to make it twice.

I have a few aspects to consider before I get to it.

I have a teal wool knit and a heavy silk charmeuse that is not too shiny and matches it perfectly so I was thinking of fulling the knit to use for the body and possibly the silk for the flounce. I had initially thought of using the knit for both, but am not sure how I would finish the edge of the flounce. I would use a single layer for it and don't mind that the reverse shows. I could then bind the edge in the silk or serge it in matchign sewing thread or work a blanket stitch on it.

Anyone have any thoughts?

The Armani example has a shawl collar under the flounce that gves it a bit of body and I like that.

In the Vogue pattern the flounce becomes a band around the back without any fullness. I like that, since I have fullness of my own there that I don't want to emphasize. If I do the flounce in silk, would I continue the silk around to the back band also, maintaining the flow of the design and crealing a horizontal band across my bum, or use the wool and possible diminish the interity of the design?

I guess I have lots to think about as I finish up my last few orders.