I ended up taking it in on the sides (hurray for Weight Watchers!) and it is very slimming. The soft pleats drape beautifully. For some reason, they droop on the dress form. I guess the girls are perkier than the form!!!
The coat is complete except for pressing. Here's a picture prior to hemming and sewing on the button.
As soon as I can, I'll press the coat and post more pictures.
For the coat, I lowered the bodice seam. It seemed to hit in the middle of my bust line, so I lowered it about 2 inches. Because of the neckline of the dress, I also redrew the front, lowering the V of the jacket so that the dress peaked underneath.
The only sewing project left for the wedding is a formal for the cruise. Stay tuned.