In reply to Rob Exile Ward:
> You've got the wrong end of the stick mate. The point of climbing IS the problems - if you solved them all there wouldn't be any point.
And to add to this, I should say that the advancements to be made to climbing gear really are small. Paradigm-shifting gear comes along once in a while (dropped pick axes, crampons, cams.. bouldering mats?) but that doesn't happen often. Otherwise it's minor adjustments to existing gear.
That said, a total waterproof with breathability would be lovely, the jacket I spent £200 on, soaked through on me last weekend.