Tail - Very, very nice tail. Unless its a breed standard, I would not dock it if I were you...
Faults
Coat Color - Oops. This dog is either a weird color or its color doesn't fit the breed standard. Something about its color is just odd. This may mean that the dog has some crossbreeding further back in its pedigree but you never know. One thing is for sure, its not showing material -- but its puppies might be.
Coat Health - This dog has a naturally poor coat. Its going to need lots of trips to the groomers and a lot of extra attention before it will catch a judges eye.