Picked this jacket up at the end of the 2013 season. New the jacket is a little stiff and the main zipper is a bit of a pain. But, the jacket as a whole "breaks in" after 2 uses and feels softer and the zipper is now like butter. The jacket cuts out the wind like you'd expect, I have not had the opportunity to test out the water expelling abilities. Perhaps next season. The pocket flaps are shaped a little weird but they work great if you forget to zip one of them up (which I often do). Baring being completely submerged in snow you shouldn't get any snow in your pocket, even with the pockets open.
So far so good, I don't have one complaint.
For reference, I'm 5'9" 170lbs and the medium fits great.