First Gear and Olympia are OK for the money, but peek at some KLIM or AEROSTITCH gear, its what they say it is
I have been doing a lot of research on this and have decided that you can't have venting and waterproof in the same garment. It just doesn't work for all day, day after day, riding in the rain. I was hoping to find something that would handle all of my riding needs without spending $2000. Doesn't exist. Then I thought something that would handle the scattered showers situation without getting too hot, and that doesn't exist.
In the summer heat I wear mesh and am OK with getting rained on if it stays hot. In the spring and fall I want to stay dry without sweating, so I need something breathable. In the winter I want to stay warm and dry, so I need something that will also repell the water because a wet outer layer will suck the heat away.