I think that Radcat was referring to how well made it is for your safety at sea.
Given the heat that WM has seen in the last year or so with their PFD's i'd have complete confidence in their PFD's. NOW... is it the best possible PFD? Probably not. If you are willing to spend the money i'm thinking that you will get a much better safety/PFD. For the price i would think that it would meet the needs of most off-shore sailors.
Can it be outfitted with leg straps? Storm hood? Don't know. It's al about risk VS how much money you are willing to spend. How much is your life worth? If your dead will you care??