I have an old Axiom with a removable hood that is pretty good. Never did use the hood much unless I was hoofin' it.
The MEC rain jacket I bought to replace the Axiom has no hood and I'm very happy with that but the still looks, feels and fits like cycling gear which led me to purchase a SWRVE Milwaukee coat for those wet days that are less monsoon-ish.
The SWRVE Milwaukee jacket also has a hood that I don't use while cycling but comes into play while walking about.
I should mention that both hoods are designed to provide good visual peripheral clearance.