Got this jacket at the beginning of this season and it's a fantastic shell, especially for on-area, foul weather days. Most days between 15-30 degrees F I can get away with a base layer, a light merino shirt/sweater and this shell. When it's colder I'll add a fleece or a ultralight down shirt.
When it's super cold and windy, like at the top of the Continental Divide, in January, I'll toss a down sweater underneath and then I'm toasty to almost any temperature. With big pit vents it's easy to regulate heat and moisture.
Speaking of moisture... the fleece lined collar is fantastic. It's warm and comfortable and even on super-cold days it doesn't get soaked with condensation. It stays soft and warm all day long.
It's a burly shell with lots of stash pockets. Some reviewers have complained about it having too many pockets, but to that I say, "then buy a different jacket."
I love having well-designed and properly located separate pockets for gear, keys, snacks, shades, goggles, iPhone, and GoPro remote.
Now for the minor complaints:
It's roomy in the shoulders but a little tight in the waste. I'm 5'7" and about 170 so I'm stocky, but it does feel tighter than it should around the powder skirt, even when I'm not snapping the powder skirt. It's not uncomfortable, but it looks a little odd to me.
Another slight complaint is that the hood really doesn't fit a helmet very well. I have a pretty low-pro helmet but the hood barely fits over it, and when the hood is up it's not comfortable as it pulls the jacket in all directions.l The hood is easily removed, tho, so when it's not dumping or raining it can go.
Last minor gripe is with the zippers. No bottom zipper, which is sometimes nice to unzip on the lift to vent or to paint the snow yellow. Also, the pit zips are difficult to zip and unzip by yourself.
So that's the full skinny. Overall it's a great jacket and I am very glad to have it. I'd recommend it, but just be aware of some of the caveats.