In reply to feepole:
Check out the Montane womens Superfly for an absolutely brilliant waterproof that doesn't look like you are wearing a bag for under 200 quid. Its the best waterproof I have ever owned and is as good for doing winter routes as it is for mountain biking and everything in between. Plus its eVent which breathes a lot better than goretex.
No idea about trousers, I own four pairs, they are all utter crap. If anyone can recommend me a decent set I'd be pleased!