Rating: 5 / 5
I bought this jacket when it first came out, the welded seams were awesome. And so they remain.
The hood on this jacket is the best I've even seen. Works with no hat on my head, works just as well with a balaclava and a helmet. Amazing!
It is THE shell for any activity below freezing. Just the right amount of protection and breathability. The fit is good, too. 5'11", 150 lbs fighting weight, I can wear it with a simple capilene shirt, or with a fat R3 bodyrug pullover. Climbing, skiing, winter hiking and camping, this is it.
It also does very well in drizzle, mist, and other borderline conditions. It's too thick to usually wear running or cycling hard in such conditions, but is great for hiking or any other less strenuous activity. It is also the champion at bike commuting in anything short of a full on downpour.
The pockets are great. There when you need 'em, invisible when you do not.
Durability is fantastic. Mine's almost four years old now, and going strong.
As for color, how can you argue with black?