Tried on an unstructured, unlined sport coat from Pal Zileri Green Label in a local retail store today.
It had a thick soft wool, not cashmere but nice quality, on the casual side for a sport jacket and was navy with thin light blue stripes running vertically and about 1.5 inches part. I could not find a photo on the web, but the link below gives the general idea (although the coat in the link has a windowpane pattern, not stripes, and I am much more handsome than the model ;>). A nice alternative to the classic navy blazer.
The 38 R fit my 150 lb, 70.5 inch frame well, and I liked it a lot, although I would have preferred the bottom hem to be about an inch shorter. Not that it was too long, I just like shorter jackets.
At any rate, it was "marked down" to $800. That is a lot more than a suit I just bought...but it did have a beautiful look. Anyone have a feeling for what it should cost?