I have another fjallraven jacket for the winter (yupik parka) and I am very happy with it so I bought this for more mild temperatures. It seems well constructed, but I will admit that $200 seems a bit excessive for a light jacket that is only wind and water resistant. This item is more of a luxury- you're paying extra for the name. I think you could get similar quality for much cheaper with another company.
On a separate but related note, I believe this is a socially responsible company which is why I'm willing to spend a little extra on their products.
This review was written in the old system and had content requirements that are different than reviews written today.