Sorry if this has been answered before but the question our group has is under arcane archer the character gains the ability to wear light or medium armor. What's not addressed at least in that section of the book is whether the chance of spell failure still applies if the archer wears armor. Thoughts?
If the character does not have a feature that allows him to ignore spell failure, he still incurs it. A bard/arcane archer could cast in light armor with spell failure, a wizard/arcane archer could not.