Pros: Weatherproof, good looks, wears well
Cons: Opposite-side zipper
I am very pleased with the Orage Soren jacket although I almost returned it. The opposite side zipper and the oversize cuffs were annoying at first, but I was able to get used to them. The coat itself is impressive, which is why I just couldn't bring myself to send it back. There are a variety of pockets. Of course, it is very waterproof (20k rating) and breathable (20k rating). Note, it does have a bit of a heavy liner in the shell itself. When you add the zip-in liner, it gets warm very quickly. I typically wear an XL and got this in XL. Chest and shoulder feel perfect. Maybe a little too much room around the gut, and the sleeves are a little long (but not horribly, and it makes sense since the cuffs go over your gloves). All seams are taped. The jacket has some other neat touches for the slopes:
-A ski pass pocket on the left forearm.
-A retractable ski pass clip in the left pocket.
-The ability to pull the hem gathers from within the pockets.
-A pass-through pocket in the chest for an mp3 player with wire management loop inside the shell.
-The hood is very large and can accommodate a helmet.
Jacket feels great and looks great. When I first slipped it one, it was like sliding into a luxury car compared to most coats. The liner also looks pretty snazzy. It's not your normal fleece liner. It's a silver/gray patterned jacket that looks good on its own. My brother even commented that he typically doesn't buy a 3-in-1 because he can just wear his own fleece, but that he thought this was one of the best-looking liners he'd seen on the slopes.
As long as the opposite-size zipper and oversize cuffs aren't major turnoffs for you, I think you'll have a hard time finding a better coat for anything close to the price.
March 2011 update - I am even more pleased after a season of use; unfortunately, this jacket appears to be out of production and seems impossible to find now.