We must have posted at the same time. I am bloody delighted with it. I have a much older split cane 9' with intermediary whippings and agate eyes (ooh get me with the jargon!) that is heavier and slower than this little beauty. I had feared it was the norm for 'boo rods but it seems not.The rod you've got sounds ideal - you won't be disappointed with it. For a first cane fly rod you've hit the jackpot. Don't be too self-congratulatory though - I promise you there will now commence an endless quest for others, which can get quite expensive.
I'm assuming that the Featherweight Scottie in any given length is lighter in overall weight / mass than a non-FW one? Is it also whippier / tippier? Better for dry fly? Or just easier to fish all day and not get tired? Pros and cons of Featherweight?