I folded over on the inside back of the shirt to make a giant kind of inside set of pleats... This was to take the poofiness out of the shirt, as, although its a small, it was tailored to fit various thicknesses... and I preferred a tighter look...
Before/After (I appologize for the darkness of the after pics, not sure what's up with that should have been the same lighting...)
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I really like the way it fits now better, the sleeves are a bit weird, and definatly 'high watered' if I reach out... but I like this tighter fit... I'm seriously considering doing the same to my Wested shirt... as the sleeves on it are a bit long anyway and it has the same looseness issue as this shirt... I have additional pics of the stitching on the back if anyone would like to see how I folded the fabric... (didnt wanna post 'em unless someone was interested)