Franklin has just written about this.

We have a Question of the Week thread at the South Asian Crafters forum on Ravelry, and someone asked for our favourite three projects, that make us proud. I couldn’t offhand think of any and had people jumping on me because I said so. I feel I am a Process knitter (or crocheter or weaver) because most of the time the things I make are irrelevant to my location/situation, but I make them anyway, because the process interests me. How about you?