I have a couple of showers pass jackets and like them very much, for minimal day rides were I dont want a hood.
I also have a Patagonia rain jacket that is Very nice, pit zipps, hood, sealed pockets, and a decent lime green color that works OK for riding. It has gone on a couple of tours with me, as its nicer in camp, and I expected a lot of rain on those trips.
But I usually take a cheap Stearns brand jacket I got at walmart. Its lighter, has a hood, is orangish, and I get just as wet from perspiration in the expensive jackets. And I bought it fifteen years ago for a tour when I forgot whatever expensive gear I owned at the time, and its held up really well. Its going with me in a couple of weeks to do a weeks worth of backpacking as well.