Edgar, that is so true! I was only able to justify replacement of my original Patagonia Torrentshell (purchased on sale in a color I wasn't crazy about) when I lost weight and needed a smaller size.
Donna, the jacket is rated as "waterproof and breathable", not just water-resistant, and I can vouch for that. In addition to that Tour du Mont Blanc trip where we had to hike two hours in heavy rain to reach our inn, it has kept me dry under similar conditions in Slovenia, New Zealand, and other hiking trips where we had longish treks in the rain. ( On the Milford Track it rained all three days of the hike, but my husband and I both stayed dry in our Torrentshell jackets and rain pants.).
The one thing I would fault is that it is a single layer, with no mesh or other lining. While that makes it very lightweight and packable, it means it can feel clammy against bare skin, because a certain amount of sweat is inevitable even if it is breathable. But these days I hike in a long-sleeved shirt for sun protection anyway, so it isn't a problem.
NurseCyn, that Columbia insulated jacket looks great. Their gear is always a good value ( it was my go-to brand for ski jackets for my boys in their teens, when they outgrew them quickly). While I have no experience with that jacket, I see it gets five stars from the reviewers.