i have tried a number of the paclite jackets over the years and find them all a little warm even in the winter, this leaves me wet inside the jacket so when i stop i chill down quick. i met a guy on an audax at leicester also riding a bent and he was wearing a paramo velez smock jacket, i have since bought one as the leicester ride was a wet one. the jacket does not pack down very small at all but even thou i still get warm i can control my temperature better with all the zip on the jacket. i took this jacket on my cycle tour this summer around holland so that i had something warm if it turned cold and also something waterproof.
the paramo maybe a jacket that you could also use for walking.