Yeah, even though they shrank, they'll just stretch back out. I'm 5'10" 155lbs so I buy M since that's what the model wears. I've washed my Escobars and though they shrank some, they just stretch back out.
I have a SS Rebel as seen a few posts back. Yes, it fits a little looser than the Villain. But like I said, it's a matter of preference. I prefer the mesh items to fit looser than the terry pieces. If you notice, the models on the JE site all wear 2/M, so I was going for the same aesthetic. I wear 2/M across the board for JE products.