Thank you all for helping me out!
So Tall size it is. I am also going to order one size up - maybe in both Tall and Regular - to compare. It went up the price again since I ordered but I am sure they will honor the same price for a different size. Stay tuned for more pictures!
Angie, you are right, the fabric is great - very crisp for a cotton and the weave is tight so it is going to hold the shape well. Now if only I can decide on the size...:-)
Angie, did I understand correctly that you also got this Gap jacket in navy? Now you got me thinking that perhaps I should try solid navy as well... hmm, it does not make it any easier!!!
As for the jacket running large I am not sure. I often wear size M or 10 in Gap jackets. Last year faded denim moto ( similar in style) was definitely running small as M was uncomfortably snug for me. My cobalt wool moto and this tweed moto run larger than the denim moto for sure as M is not snug at all but not as large because I am still questioning if I should size up to L. They both fit but M is almost tailored when closed and L is more along "straight lines" when closed. If it is supposed to fit straight then I would say it is true to size. If it is supposed to be tailored when closed than I would say it runs large.
Jewell, the Tall is on the right.