It is a great looking shell. The material is soft to the touch and the jacket weighs very little. I have not had a chance to wear it hiking in a rainstorm (of course now that I have a new rain jacket it is not raining anymore) but I turned the hose on myself and the water just beaded up and rolled off and left the jacket dry to the touch. I have no idea how to fold the jacket up into the front pocket, but it stuffed easily into a pretty small pocket on my pack. How do they turn coffee into fabric? It's a mystery.
Update:
I still love this jacket. It is light weight and compact and packs really well. I finally had occasion to test it out on a long hike in the rain. At the start of the hike it shed rain very well. However as time went on it began absorbing water. After 90 minutes in the rain it soaked through. So, definitely good for short times in the rain, but not great for prolonged wet weather. I would not that when I got home and hung it up it was fully dry in like 30 minutes.