a Motorola SLVR (cameraphone action at its best)..

Need opinions ASAP. I've committed to knitting a friend a FABULOUS sock. After trying three different patterns I decided to go it on my own. I originally wanted to knit something textured, but decided to do colorwork instead. I decided on a houndstooth motif and went from there. And now I'm not sure if I should go on. The pattern seems to disappear to me and you can't discern the "houndsteeth" from blobs of color. What do you think? Should I dunk, soak, and block this before I make a decision to go back to the drawing board or just scrap this pattern altogether?

flat

"modeled"