Back int the days when I hiked on a budget, I used a urethane coated poncho for rain protection and never really got soaked. Nowadays, we all have GoreTex and similar stuff. Very expensive. I'm wondering if anyone out there has gone back to the waterproof poncho recently and can compare the advantages and dsadvantages of it compared to all the high tech fabics in the jackets and pants. I'm thinking about going back to a poncho.