I am currently reading The Friday Night Knitting Club – and let me say that I am only 90 or so pages in, but this book is just bleurgh.
It reads as being incredibly formulaic, as if the characters were created to hit some magic demographic combos (it’s actually offending me the way she writes about the different ethnicities of the characters), and I seriously doubt that the author has ever picked up a knitting needle in her life.
I do not recommend this book. I doubt I will finish it.

I thought this was the book that I had read and that I must be losing my mind to have liked it but then I remembered the chick lit I read was “The Knitting Circle” which was a bitterweet, touching story that was, admittedly, quite pat. An okay quick read while sitting by the pool on a lazy Sunday!
Yikes; I just looked at the first few pages on Amazon, and I’m impressed that you’ve made it as far in as you have.
( And now Sara’s comment above has me longing for a pool.)
Don’t even bother trying to finish it. I masochistically slogged through to the ending, which was just horrible and made me throw the book across the room in disgust. Just awful, and I have no idea why this book has such a following on Ravelry, or why it is being made into a movie.
I’ve had that book sitting on my shelf for a long time now – sounds like I should just give it to my mother to take to the library bookstore without bothering to open it up.
You will be glad to know she has written a sequel, too!
I was also going to mention “The Knitting Circle” by Ann Hood, even though I haven’t read it myself. It appears much less irritating.