If you are considering a poncho, I just ordered and recieved one of these dri ducks ponchos. I have to say, for the money ($12.00) with free shipping that I think it's one of the best gear deals I've come across in a long time. I did a couple of easy mods to it which was to install a drawstring with cordlocks in each of the end channels and sew a small grosgrain loop in each corner. This allows me to rig it up on the outside of my under quilt under my hammock for extra rain and splash protection. For ground dwellers, this would also allow it to be used like a bivy for added protection under a tarp by cinching one end all the way up and creating a foot box, just like converting a flat quilt to a sleeping quilt with great breathability. Even with the mods, it comes in at 9.0 oz. It's made out of the same polypropylene as the regular Dri Ducks rain gear so a certain amount of care is needed for use. But come on, twelve bucks.