Get out of the fishing circle of gear, I looked into a good climbing/hiking rain jacket and haven't looked back.
The company I trust is Mammut, have had one of their medium weight climbing jackets for 8 years now and it still sheds water well, lasts thru a good Forks soaking...and is long enough (since it's a hiking/climbing jacket) that is covers my ass.
It's just another thought and another recommendation but if you've never seen or tried on their gear you owe it to yourself to do just that.