Um, well, I ordered from the Sportsman's Guide too ...
They sent me the backorder notice, I replied on the last day to keep it on backorder, and then two days later I got the e-mail saying that it had shipped (two days in March being a whole heckuva lot better than waiting 'til September).
As to the cape - the length is good for my 6', shoulders and chest are roomy, large hood that projects forward enough to keep you dry. I found the arm slits to be a little awkward, though.
I'll try and post pictures shortly.