I own the 2009 version of this bike, also 44 cm. I am 5'1" and rode it about 6000 miles. I did not have any problem with standover, although I am not super-short legged. The top tube slopes down, which helps. I think it is a great starter road bike - I did not have any mechanical problems with

If your friend has a longer body/reach, then the 44 should fit her. I am more comfortable on my 44 cm Specialized Ruby, which is more compact. I was not comfortable using the brakes in the hoods on this bike, but had no problem in the drops or using the extra set of brakes on top - (I called them the "cheater brakes".

I hope you find a good home for her