In reply to mcawle:
I inherited a Mountain Hardwear one, with a membraned (and pretty much waterproof) fleece, no taped seams. I have very rarely used it rock climbing, and it's too hot, heavy and sweaty for hillwalking in general.
Best uses I've had:
Great for going to the pub. Has excellent pockets and little cuffs in the sleeves to keep the wind out.
I have used it ice climbing. It wouldn't be great in Scotland all the time, but on a good cold forecast it's actually a great layer, and much tougher than a hardshell jacket.
Best use has been on-piste skiing, which besides the pub is what I've used it for the most.
I use it a lot, but if it hadn't been free I wouldn't have bought one. If it got damaged irreparably I don't think I'd hurry to replace it.