Pricey, but I love mine:
http://www.showerspass.com/catalog/m.../mens-elite-20 I especially like the optional velcro-on hood, which fits niely under the helmet. I have a long commute, the real big challenge isn't the jacket: it's the gloves! I used to use PI Cyclones, now using these Enduras:
http://www.endura.co.uk/Product.aspx...06&prod_id=434 which last longer (about an hour... maybe the wet gets in through the wrist?)