I really like this look, sans the sleeves. Lapels are already getting wider, see Ralph Lauren's upcoming collections, as well as Tom Ford.
My issue, as Spoo pointed out, is the enormous flap on the pockets. That is the first place that my eyes went to and it really takes away from an otherwise awesome sport coat. I'm not sure if a tailor could recut the pockets to be about half the size, but I'd do that if possible.