So all I did was leave off the sleeves.
I would say that I like this tunic very much. And you know what it's made from? Some sort of charmeuse that I picked up at Walmart a few years ago...one of those $1.50 a yard "content unknown." bolts. Well, I washed it and washed it, and it's soft and silky and relaxed and pewtery and the perfect weight to layer under something.
I wore it yesterday to church with this very cool GAP velveteen double-breasted jacket that I got at the thrift store for $3.50. It had some buttons missing. I changed the buttons. It's perfect.
And if I ever get sick of wearing this as a tunic, I just may wear it as a nightgown.