Do yourself a favor and get the hooded version!
This is a great jacket, and I've tried all 3 versions. The pullover doesn't have pockets, and the non hoody doesn't have a drawcord hem... this one has it all. I was skeptical about the hood at first, but once you try it on, its like the hood isn't even there until you wear it up. The jacket fits great and weighs nothing. It layers perfectly under Alpha shells of the same size, so my SV and SL both work as great outer layers. I tried the SV version of this jacket, but found the 100 gram core loft to be a bit much when I mostly use it for layering anyway. I highly recommend this jacket, and its worth ever penny. I got the Lichen color on sale, and it might be the only time I could tolerate that color.