I was waiting and waiting for the small to be restocked. After re-reading some of the reviews, I read one that said the larger size actually fit a smaller gal nicely-- just loose enough but not too big. I decided to go for it and purchased the larger size. SO glad I did! It fits great. I'm 5'4'', 112-115lbs, athletic build, small waist, 32B bra size. I was worried it would just drown me since my chest is smaller and my shoulders aren't super broad. Fortunately, that wasn't the case; this fit looser than I can imagine the small would, but I actually like that. I'm able to move around with ease, lift my arms without issue, and it's the perfect length for my liking. My husband LOVES this top. I purchased him a shirt at the same time, and the quality is great. We will definitely be purchasing again. If you're a smaller gal waiting on that small top to restock, just go for the larger top. You won't regret it.