The arrow is pointing to Hem Choice #1. This one is just below my knee. As for the rest of the dress, I'm pretty happy with the fit. The top across my shoulders in front and back, fits really well. So let's look at it up close.
The arrows are pointing to even more saddle stitching which went done both sides of the side seam and may be contributing to the unsightly droop. I may try to redo that part, but won't guarantee it (meaning, I might just live with it).
Hem Choice #2:
Personally, I like it at this shorter length. Feel free to comment about that, but I'll pretty much ignore comments that like it longer (read, frumpier). Dare I say it... I think it might be cute even a little bit shorter with... (Laura, stop reading now) ... leggings.
While not my favorite dress ever, I love the color, and it will be a good weekday outfit once it warms up here. And, hey, I was working in my pj's until noon today, so this is definitely an improvement over that kind of outfit!