I just bought a cycling rain suit for my husband. I wish I could have bought him a Burley rain jacket (I love mine), but they're no longer making them.
We first got him the O2 Rainwear Rainshield jacket and pants, but the fabric seemed flimsy and there was an unpleaseant rubbery coating on the inside. Returned it and got a Novarra Stratos jacket and Novarra Express pants from REI, they seem much better.
In general, I would recommend looking for something with "mechanical" ventilation. So-called "breathable" fabrics can't breathe when they are wet on the outside. Pit zips and a vented back keep my Burley jacket from getting sweaty inside, but no rain gets in.