I have a J&G vented rain jacket, and it's the best cycling equipment I ever bought. I've worn it every day there was significant rain, and every day it was colder than about 45*F, for 3 years now, and it still shows no wear. It can be raining like heck and I don't care at all.

I was thinking about getting some of their rain pants, but I don't really care if my legs get wet, I just wear running pants and let them get wet.