As far as i know waterproof and breathable is not compatible, water repellent and breathable neither most of the time due to the coating used to make a garment water repellent but water resistant can be breathable. So when i see a waterproof, windproof, breathable jacket i wonder.
For winter use my solution is to mix things up by going for the best of both world with a louis garneau cycling specific jacket with a wind resistant and water repellent front panel and a breathable back but it is not the cheapest solution from start even though it is overall as it avoids the need to buy other gears as it can handle all weather rain, wind, cold, snow and breath well with the right layers under
Merino jersey tend to gather sweat easily stays quite warm when wet but it doesn't wick moisture as mush as a polartec power dry jersey for instance.