Well, I finally got around to fixing them:
All it took was removing the bands, letting them out 1/2", cutting off 1.25" from the bottom of the sleeve, regathering and reattaching the sleeve bands. What do you think? I like these MUCH better and they look more like the drawing on the pattern envelope.
My camera does not take good indoor pictures. I was all set to take this picture outside except when I stepped out the door, I got a big surprise. The temperature is currently in the 50's and the wind is blowing. Brrrrr. Come back, spring!