I've been wearing this shirt a lot.  The color hasn't faded after many many washes and haven't seen any strands of cloth hanging off yet.  Looks great with jeans and is a step up from casual wear. I hate getting shirts that are too short, but these are the perfect length and the shoulders are wide enough and not too tight.  The only thing I don't like is that there are no buttons on the collars, but these collars do hold their place most of the time. This is a great buy. I have the grey one in my shopping cart right now!

11/26/14 update: Still wearing this shirt. It's getting faded now and seeing strands of cloth hanging off, but it's still about 80% of it's original condition. I've since bought the gray and blue shirts.