Well, yeah - this guy has the same torso/arms as the 2009 Snowspeeder Luke. The cut is at the same point in the arms as that Snowspeeder Pilot figure, except instead of the glove hand, this guy has now has a "sleeve/hand" piece.
I guess I should have been clearer - he only
has forearm articulation instead of wrists (to preserve the look of the long sleeves over the hands).
At Toy Fair, Hasbro said they opted to keep the articulation where it was (forearm) and use a 1-piece replacement (sleeve/hand). They saved money (using the existing arm with just one new piece) and they said they liked the look better.
I'm just telling you what Hasbro said at Toy Fair - no one said you had to believe what they say...