When I was looking at the
Altura it was quite similiar to the Odin I linked to, which is not a bad old jacket better than Sprayway etc... I'll look at those superlites because I'm thinking there's no point in choosing a cycling specific unless it has some real advantages. Also, I find there's a difference between being soaked and being soaked in sweat! I did a 40 mile 'soaked' ride a week or two ago without being properly dressed for it - had to keep moving to stop myself freezing.
The other option is as you say, get wet, and get a pertex top which just keeps the wind off and so keeps the wet layers warm. Also if you wear a tight fitting base thermal to take away the air gaps, that makes a big difference - West Coast weather experience you see