I bought a Spidi H2Out at the national ralley and so far am happy with my decision. It is a little different as the rain gear component goes inside the jacket! The outside shell was great for warm days ( I don't think anything works when it is 90+ and you are at a stop light). It is meshed under the arms from front to back.
The rain liner zips inside and acts as a wind/moisture barrier. The third liner fits inside, but I haven't had a chance to use it yet since it has only been in the 50's.
The key feature I like is the zipper on the cuffs, a must have in my opinion.