I'm sure someone somewhere's done this before, but this stemmed off a conversation thread in the knitting snark livejournal community.
The Knit Club
1st RULE: You do not talk about THE KNIT CLUB.
2nd RULE: You DO NOT talk about THE KNIT CLUB.
3rd RULE: If someone says "block" or frogs completely or finishes seaming, the knit[ting project] is over.
4th RULE: At least* two sticks to a knit[ting project].
5th RULE: One knit[ting project] at a time.
6th RULE: No ponchos, no legwarmers.
7th RULE: Knit[ting project]s will go on as long as they have to.
8th RULE: If this is your first night at THE KNIT CLUB, you HAVE to knit.
*a Brad Pitt boyish grin to ragingcanary for making it fit for the DPNs.