I don't know exactly what "hem lift" refers to but I thought I'd give my initial impressions of the jacket:
Material: The Polartec NeoShell feels more like softshell than a waterproof shell. It's very nice, just oozes high quality. I'll see how it does over time.
The fit of the Anorak is perfect for me, but maybe not for everyone. I am 6'1" and 165lbs, and very athletic without huge muscles (think rock climber). The jacket has plenty of sleeve length for my long arms, with great cuffs. The hood fits well, and is very adjustable. The chest is pretty much exactly the right size, if it was an inch or two smaller it might constrict. Plenty of room down the middle and the bottom falls about 4 inches below my waist, even with the base of my pubic bone.
So, it's a great fit. Trim, but not tight, and with room to layer a puffy underneath.
The zipper for the pocket and pit zips is waterproof, but the main zipper is not. I personally don't think this will be aproblem, as it's a very tight zipper and there's a nice, big guard behind it. Additionally, it's a toothed zipper instead of a "coil" zipper which is much higher quality.
If by "Hem Lift" you mean the jacket riding up, then I would say this gets a 7/10 in my book. If I literally lift both arms over my head, the hem rises to my waist, but no higher. It doesn't ride up at all in my cycling position.
The kangaroo pocket is about big enough to hold a medium-sized book, or an iPad Mini. Maybe 5 x 9 inches at a guess.
I like it! For $124, I'm very happy. It also shipped in two days!