I was fortunate enough to accidentally receive this jacket as my uniform at Okemo. My boss accidentally ordered the Snowshot instead of the Snowshot Freeride, and this jacket is so ballin. Orange down the front, subtle green camo everywhere else. I did not know such awesomeness existed from Patagucci.
Patagonia uses their H2no membrane which is rated as 20k/20k and 10k/10k after a bunch of washes. So far this jacket has been extremely dry, although the outer fabric will soak if you are in any sort of steady rain. Although the outer fabric got wet, the membrane stopped the water from soaking all the way through. This jacket also breaths fairly well. I have to carry 30ish pairs of skis in and outside every day, and the heat escapes very well (open coat obviously helps a ton).
Warmth: It is a shell, so you do need to layer properly. I am typically fine with a baselayer, softshell vest, and the jacket. On really cold days I throw on a down sweater over the vest and I'll be perfect. And I'm just sitting there in the cold, not even exercising and warming myself on. It does block out the wind pretty well.
Fit: This jacket is sick. Fairly tall and baggy, but not over the top. Definitely not the fit I would expect from Patagonia. I do not have an exact zipper length as the jacket is at the mountain, but I'd say it's at least 33 inches. Plenty of room for layers while not looking like a dress with minimal layers.
Durability: I carry 30+ pairs of skis and boards every day, edges scuffing up all over. No rips or tears or loose threads.
Pockets: Two big internal lower mesh pockets. Two big external lower pockets. Chest / media pocket beneath flap over the zipper.
Overall: Great jacket, especially for the price. Only gripes are the outer fabric soaking through in inclement weather, and the lack of hobo cuffs. It's got the quality that Patagonia is known for. The hood is removable, and the collar is a nice height when zipped all the way up. The armpits are not too tight (like every Oakley jacket I've tried on) and do not restrict your movement.