Excellent, does what it's meant to do.
Pros: Excellent jacket. Functional enough for the hill but low-key and aesthetically pleasing enough that you can rock it for everyday use. Water resistant. Warm enough for freezing temperatures with nothing but a midweight baselayer underneath. Low profile enough that you can layer with it easily. Pit zips for those days when you really need them. None of that hard shell crunching.
Cons: I'm pretty sure that the 20k waterproofing rating Burton purports is BS. But it has kept me dry so far, so whatever. Could use an audio pocket. Other than that, none; at least none that aren't related to the fact that it's a softshell.
Other Thoughts: I rode with this in some relatively harsh conditions (just under freezing, windy, and pellet-like snow fall) and didn't feel the need to get my hard shell. I would ride with this in every condition short of rain, extreme cold, and epic pow.
Customer Service: Shipped same day, Members/Staff were helpful