Thank you all very much for that. I was only focusing on cycling specific gear, but you have provided some excellent pointers to other resources. I went this morning (temp was around 40) and had on an old Merino wool pullover, and then this jacket from LL Bean:

http://www.llbean.com/llb/shop/68624...el-rain-jacket

I have the blue color but they have it in yellow as well. It did a good job with the wind, but at the end of my very short ride (30 minutes) it was very wet on the inside. I guess this means it doesn't breathe well?