I wear this jacket everywhere - it looks pretty awesome. I gotten a number of compliments on it. Fits great as well - I'm about 6 foot and 200 pounds, and I got a large.
It's not very warm by itself though. I can wear it down into the 40's, but anything lower than that and I have to wear a sweater underneath to stay comfortably warm. That being said, I've worn it, with just a normal sweater/hoodie under-layer, in temperatures well below freezing while snowshoeing and it was perfect, borderline TOO warm. It does a pretty good job blocking wind, but it'll still let some through if it gets too gusty. It's also not waterproof, but it'll keep you dry for a while at least or if it's just drizzling out. Also pretty breathable - keeps me nice and cool once I start to heat up. It will be a perfect spring jacket.
I love the sleeves - not scrunchy, but still adjustable if you need them to be tighter around the wrist, and pretty stylish looking as well.
About the only downside in the hood - it's huge. I'm assuming it is meant to accommodate a helmet, which I don't ever use so for me it's a little annoying sometimes. You can adjust it to not be so floppy, but it's still not quite the same as just having a hood that's actually the same size as your head...
I've been using the jacket for about three months straight, just about everyday, and it still looks brand new. Definitely happy with it, especially for only 50 bucks, although I'm not sure that I would pay full price. But on sale, it's definitely worth it.