60 degrees F and up, I just get wet. Below that, I use B&G cyclewear jacket, below about 50 I'll also use their rain pants. Both vented/breathable. bicycleclothing.com

I think the jacket is $100, the pants $80. Both excellent for the money.

I have some booties that do keep my feet dry, but wet feet don't bother me that much so unless it's really damned cold (like in the 30s) and raining hard, I just let them get wet, it's less bother than putting on the booties.