Rating: 5 / 5
I have the Ex Light in a large and I am 5'7" 175lbs (16.5, 32/33 dress shirt). The fit is great. As was said before, this jacket is meant as a layering piece, and it does its job very well. Warmer than it looks, and the Sunset Orange is a very pleasing color, not too shiny.
I agree it could possibly benefit from a draw string, but the lack of it is not a detractor for me. I know I will have to be a bit careful because of the light weight fabric, but that is a price we often pay for UL gear.
I paid $140 for is from backcountry, and it is worth every cent.