Originally, I had intended to make it a dress, to cut off the extra length and use that fabric to create a bodice. I cut off about half the length, took in the waist of the skirt portion and tried it on. Then I realized the dress concept was a no-go.
The skirt is too full and flowy to be worn that short (at least according to my modesty level). After much deliberation, I decided to scrap the dress idea and use the portion I cut off to make a ruffle for the bottom edge. I cut the excess fabric in half again lengthwise and opened them up along the side seam, leaving me with two very long, skinny rectangles. I stitched them together end-to-end for an even longer, skinny loop of fabric. After hemming one edge of the ruffle, followed by lots of gathering, pinning, and sewing, my new skirt had a new ruffle. As I took a few back stitches to lock everything down, I ran out of bobbin thread. Then I looked up at my top spool to see if I had enough to rewind the bobbin and do some top-stitching. This is what I found on the spool.
I guess I won't be doing any top-stitching. Oh well! The ruffle has enough weight that it hangs nicely on its own.
And see? Pockets!