As the weather is decidely wet and is likely to stay this way until end of next spring I need a new cycling jacket - looking at spending £80-120, must be waterproof,breathable and comfy when under a camelbak.

Polaris and Endura or Gore offerings seem fave at the moment, what do you lot recommend  ?

Arc'teryx Alpha SV - £300!!!

I would try and get something with event rather than gore tex as it's more breathable

But Arc'teryx kit is supremely amazing kit...rounded sewn edges to prevent wear 50% narrower seam tapes and they invented the reversed waterproof zipper.

Seriously their kit is utterly amazing...thankfully I got mine from the sales rep's promo tester bag

BHB - isn't that a mountaineering jacket rather than mtb specific?

Ahh, yeah I kinda negleted to read further than 'decent waterproof'

(the one that kept me bone dry int' Peaks BHB)

You looked piss wet through to me

don't think they make those Gill pro speed anymore

can't find one anywhere

Prefer Event over Goretex too although Altura's Altec fabric appears to give similar performance as Event. 

http://www.bikeradar.com/gear/category/clothing/jackets/product/reflex-jacket-28303

http://www.bikeradar.com/gear/category/clothing/jackets/product/crosslite-9113 

I've a Lowe Alpine Triple Point and it's great (actually got it from TK Maxx) not sure if its what you'd call cycling specific as there are no rear pockets or droptail of which to speak.

I've always rated Triple Point as one of the better coated waterproofs.

I can vouch for the endura event jacket. It's the jack russells brussels.