These shorts do it all. I wear them for running, hiking, and backpacking in warm weather. They breathe great, dry fast, and look good. I have both the 5" and the 7" inseam and the 5" is a bit awkward in public, but the 7" is plenty modest. I've had a bit of chafing with them on long sweaty backpacking trips, but that's to be expected with any short really.
They hold up pretty well, and were looking great even after lots of abrasion against nasty rocks and brush. However, I got them caught on a twig while hiking and the side seam busted and split all the way up to the waste-band, which was kind of unexpected (and almost awkward).
I'll definitely replace the pair I ruined, and I still think they're awesome.