I just picked this guy up tonight and as others before me have said, it's a great figure. Super-Articulated all around, including torso articulation similar to the SA Clonetrooper and ROTS C-3PO. You also get the ball joint head, 2 ball joint shoulders, 2 ball joint elbows, 2 swivel wrists, 2 ball joint knees, and 2 ball joint ankles, along with the standard hips. The sculpt is fantastic and I think really matches Obi-Wan's look quite well. My only concern is his somewhat wide leg stance, which if you look at him straight on is a bit odd, but nothing major and is hidden when you put the robe on.
He looks good with the robe on or off and can hold his lightsaber just nicely. It even comes with a saber hilt to attach to his belt when he has his robes on. Both sabers are also well detailed, which is a great plus. I am a little disappointed that they didn't give the same robe for Obi-Wan as they did for Agen Kolar, because that would have allowed for him to hold his saber at the same time. The headband is well done too and is a great improvement over similar ones included with the Clone Wars figures.
My only nitpick with it, besides the robe choice which isn't a huge deal to me because he won't be wearing his robe on display, is that they chose to paint the ankle joint the same color as his pants, as opposed to the color of his boots. So it looks a bit awkward having these cool detailed brown boots, with a slight tan line in the middle. Outside of that, this is really an outstanding figure and I think this is one of the best ROTS figures, ranks right up there with the SA Clone and Count Dooku. It's also great custom fodder, I'll want to nab another one or two down the road.
If you see this guy, don't hesitate to buy him, it's just an awesome Obi-Wan and puts all others to shame. If you're worried about your other Obi-Wans, just donate them to charity, cause after this guy you won't want them!