Note to self, because I'm always forgetting which way it works and having to swatch to work it out: the background color, the less prominent color, is the one that should be "on top". Paradoxical as this seems, that's the way it works.
Not that I'm going to be doing any color-stranded knitting in the near future; I still need to finish up the Dragonskin mockup and the second pair of Fuzzy Feet (did I mention I had added two pairs of Fuzzy Feet to the insane list of projects?) is almost done.
Though I could dig out the Pennsic laceweight and noodle around with it a little, I guess, and that would be stranded...