Well, the second caftan is finished. As I suspected it is not as blatantly elegant as the first, but that large graphic print did wonders. I still like this one though.
This fabric is also from Emma One Sock and is a cotton/lycra knit. It is much heavier than the first knit, still quite drapey but with a substantial feel to it. It therefore hugs the body much more closely on wearing.
I cut the sleeves narrower on this caftan, tapering out about 2 inches at the wrist leaving the shoulders and the basic shape of the garment the same. These fit much more closely around the wrist and I like this much better.
I also did a double row of twin needle stitching around the hem as I felt this garment needed a much weightier hem than the first one. I really like the way it turned out and the skirt has a nice drape and swing when I walk.

