Still in print this is a comprehensive look at lace knitting, it's an interesting one. I've thought about lace knitting before and this one goes through how to start and how to finish a lace knitted piece. Most of the patterns are for knitted table-cloths or runners but there are a few other pieces in there as well. With a good knitting dictionary you could adapt things for another piece. The stoles incorporated in the book are fairly simple, so I would guess they would be good beginner lace knitting pieces.
I haven't stitched any of these so I'm not sure about the patterns but they are interesting and did make me want to reach for my needles so that's a winner. It's strangely rare, even though it is published by Dover (and available from their website along with the First book of Modern Lace Knitting, and on my wishlist).
If you're looking for a fairly cheap book on lace knitting and particularly if you're looking to knit table-cloths this is a good one. Interesting patterns but simple enough for someone with some experience looking to expand their horizons.
The pictures could do with some updating, they're a bit dark
