So, it appears that I accidently donated my wind jacket to the great outdoors this weekend. I'm not too heartbroken since it was a cheap jacket that I picked up for $20 off a clearance rack. But now I need a new one. I'm looking for something...

has zip-off sleeves
wind-proof and water-resistant (water-proof is a bonus)
close fitting to minimize flap (if-possible)
compactable and light weight so it'll fit in a jersey pocket (without escaping this time )
sub $100

Any suggestions would be appreciated.

(and yes, I tried the search function and didn't find much....although I could swear I remember a thread like this from before....sorry lol)