Here, here fellow NOVA cyclist! Yeah, this is by far the most tame winter I've seen since I moved here 4 years ago. I guess I can't complain though -- commuting has been really easy.
I have a couple of purpose-built rain jackets with gore-tex, and my commute bike has full fenders. The truth is, though, during a hard rain you still end up like a drownded rat. I don't even try to dress for hard rain anymore, I just wear a cheap poly-xxx vest that stays warm even when soaked. I don't think about it much, I just get wet.