Let me start by saying that this is a great jacket. It simply wasn't what I was looking for, nor did it meet my expectations. Hence the mediocre review.
I shall start with the perks, as there are many worthy of mention. First off, the Dragon is exceptionally light. The material itself is thin, yet appears to be strong. I have yet to damage it after battling several rocks, trees, bushes, and their ilk. Those of you concerned about weight savings will be pleasantly surprised. Secondly, I have a soft spot for thumbloops. I'm not entirely sure why, but this jacket got bonus points for having them. Third, the does indeed have a very nice stretch to it making sleeve ride-up rare. Lastly, it holds up fairly decent in the rain. Whilst camping in Iceland this was my rain shell. After a couple hours it did soak through, but I was merely "damp" as opposed to "wet" underneath. For the record though, take Gore-Tex to Iceland.
Now then, my general disappointment with the Dragon stems from a few things. Keep in mind that my criteria for a jacket was a totally windproof softshell with high, "alpine style", front pockets and a hood. Can someone please explain to me how I'm supposed to get into the hand pockets when wearing my climbing harness? When I first got the jacket it was conveniently very windy all week. I thought this would be a great way to test out what I thought was a Windstopper softshell. It became apparently immediately that this jacket, on its own, was ill-suited to retaining warmth. The wind whisked away my body heat instantly. The jacket I have is from spring 2009, and I think it is totally lined with Windstopper. In the new version for Fall 2009 only the hood and torso are lined; the arms and side panels are air-permeable which is great when you're layered up underneath and less great when in t-shirt mode. I also had some misgivings about the fit. I'm generally a medium in everything, but the medium in the Dragon feels big. I would hardly call it a "trim cut". This makes sense, to a degree, in the context of ice climbing with this jacket though as it allows a fleece to be layered under it.So there you have it.
I'm primarily disappointed because the jacket fits me wonky, lacks alpine pockets and frankly is too thin to retain body heat. I'm now eyeing up something to replace my Dragon likely from TNF or OR. As long as you don't mind the wind chilling your arms this jacket is awesome.