I'm not usually one to write reviews but I'm in love with this jacket. I purchased the Cosmic last year in the bright red color and used it most of this season. The fabric is awesome! I feel it's possibly more breathable than gore-tex pro and it doesn't have the crinkly noise. It's also pretty soft to the touch but holds up against trees. I do a fair amount of bootpacking and normally I need to either take off my shell or really open it up. With the Cosmic, I can usually get by just using the pit-zips. The pocket lay-out is perfect. The two smallish chest pockets work great for a lens wipe or bar. And the arm pocket is perfect for RFID tags when resort skiing. In terms of fit, it's looser than a mountaineering shell which is exactly what I was looking for in a jacket. For reference, I'm 5'11" and 170 lbs and I purchased a medium.
I have 3 minor suggestions to improve the jacket (and these really are minor). First, I'd love to be able to remove the powder skirt. Other jackets like Flylow's Quantum have that option. I ski with Trewth bibs and the powder skirt plus bibs combo is usually overkill. Second, I would make the hood maybe 1-2 inches larger. I have a POC auric cut and I find it would be better to have a touch more space (or maybe I just have a big dome). Finally, I'd like to have 2-way pit-zips, which allows for some different venting options. I looked at this year's model and it seems like that's already been added though. Other than those minor quibbles, I think this jacket is just about perfect!