Target maxi coat review

Adi Designs Juniors Full-length Wool coat sz XS at Target

Likes: The shoulders fit, and the torso and sleeves are slim. I'm surprised back-view nips in at the waist  (instead of the boxy-look as with most maxi coats). Price at around $60-70 for a full-length, fully-lined, wool blend coat is the lowest I've seen so far. The length touches my ankles, which is what I was looking for to keep bare legs warm when wearing a short dress. The best part is that this coat is not bulky and can be rolled up in a nice compact ball (great for traveling).

Dislikes: Sleeves are a bit long (but an easy alteration since there are no sleeve buttons), wool material sort of sheds (or maybe I'm being picky, don't most wool shed a bit?)  I'm unsure about the black color. Is it too boring or witchy? (It also comes in brown or charcoal at Target.) I'm also having second thoughts about the length, perhaps it can go a bit shorter?

Even though this is only the second maxi coat I've tried, I think this is probably the best fit I can find at an affordable price, so I'm leaning towards keeping it for those emergency cold days when I have to wear a fancy dress with bare legs.  Do you think this is a keeper?