Velo H20 Competitors?

aidso
aidso Posts: 493
edited January 2012 in MTB buying advice
I currently have a Montain Fetherlight which is good as a wind jacket but it isn't waterproof. I like the idea of the Velo H20 as it scrunches to the size of an apple, but are there any alternatives to consider than can squash to a similar size?