I ride a lot in the rain and have experimented with a number of setups. I own 5 goretex jackets and have worn many others.

My preference for the temp range you specify (actually for any rain below 50°F) is to just don a couple long sleeve jersies and a windbreaker. You'll get soaked, but frankly there is no way to spend a decent amount of time out in the rain and not get soaked. Much easier to layer, much lighter, and ultimately works the best.

If you're wondering why I own so many breathable jackets which I don't recommend using in the rain, I am a product tester for goretex. For snow sports, I swear by their stuff and I also wear goretex when walking/hiking in rain. But when cycling at a reasonable effort level, there's not enough vapor pressure for the breathable membrane to do its magic and the effect is that the jacket is just too heavy -- including paclite.