Burda describes the top as slightly fitted, which is right on the money. It has enough shaping so that it feels loose but not baggy. The dolman sleeves help with the breezy feel, and I don't think they're too extreme. I lived through the 80's so I've seen some dolmans that would make your hair curl.
|Sleeves hoiked up|
For such a simple pattern, I like the way this turned out. I have some striped jersey that I'm eyeing up for version #2.
I ended up cutting the top about 3 inches shorter than Burda suggested. I wanted it to hit at my high hip, which feels long enough to tuck in but short enough so that it doesn't look too tunic-y when un-tucked. Not that I have anything against a good tunic! In a heavier knit this pattern would make a great one. Note to self: winter is coming.
My pattern review is on PatternReview.com here.