I've had one for a month now. I bought it to fill the gap between my summer light waterproof and my insulated winter one. Shopping around I was able to buy it for £99 and at that price I can put up with the little annoyances.
The main one is, as chrisoates mentions, the internal hand warmer pocket. When it's cold and raining I found water running down the sleeves into the pocket. I guess this is something that happens with all of them, must be why Grandad told me to keep my hands out of my pockets!
The way water sheets off it is incredible and getting home warm and dry, rather than wet on the inside from sweating makes it a joy.
Buying it was made me re-think the layers system of getting dressed. Now I have a base layer and this jacket with a fleece jumper in the back pack (although I've never needed it).
Next stop some Trousers from Paramo too...
(Written by: Boothy30)