I bought these pants to go with my Volcom Landvik jacket to take full advantage of the Ziptech functionality. It was super easy to attach the jacket's powder skirt to the pants zipper located around the waist band and it felt great. The TDS system in the pants were super warm. On the slopes I actually had to open the Terminal Venting zippers located on the inside front of the calves to let some cool air in a few times.
The pants are super dry: Even sitting on my bottom for some extended periods waiting on friends didn't let any moisture through and they only got slightly cooler on the bottom. I even spent some time kneeling too in order to do some filming and with prolonged periods of contact with the snow, I stayed dry. These pants are beasts.
The pockets are perfect. The back pockets close with velcro and they have a flap that goes down over the pocket that also velcros so it's double closed. The pockets on the front of the pants are really cool. The left side is different than the right so it's some added style to it. I used the right front pocket most and it has a beasty zipper. I can't see it ever malfunctioning and it was a real charm to operate.
The TDS liner inside goes down to just below the knees which is were your boots come in. The powder skirt inside the bottom of the pant leggings have a little hook clasp on the front side of them which allows you to snag it on your boot laces to keep it from rising. This worked very well. The bottom of the pant legs have a tough liner type hem going around them that will keep the pant legs from fraying over a long period of time.
These pants are not baggy. They have a nice slim fit. Not tight like skinny jeans but definitely fitted.
Best pants I've ever owned.
UPDATE: This weekend it was 3 degrees on the slopes and I spent a lot of time in some backcountry powder (sometimes up to my waist). These pants stayed warm the ENTIRE time!