For someone looking for a true hard-shell it would be perfect, I'm sure. It's impervious to wind and extremely lightweight. I didn't get a chance to test the water-resistance of it.
However, as great as it was functionally, I couldn't deal with the stiff collar and "plasticky" feel and rustling noise of the Gore-tex Pac-lite material so I returned it and ordered a "Venta" soft-shell. The Venta doesn't have a hood but that's OK because it'll layer better underneath my motorcycle touring jacket. The lack of an inner pocket was also a minor annoyance.
I'm 5'9" and the size "L" fit was perfect for me but more slender types of the same height may find it too bulky. YMMV.
Anyway, it's a fine product, just not what I was looking for.