The down "Puffy" has pretty much become ubiquitous hiker attire over the last few years. There are plenty of synthetic options available at much less cost then down, but there is a weight and bulk penalty for using synthetic. But you gain somewhat better damp weather resistance using synthetic.
Except for my sleeping bag, I have always gone synthetic for the warm layer. But man, I'm getting more and more jealous of those hikers wearing a nice puffy down jacket on a crisp morning or evening.