Jamie,
I have the MLD rain chaps and have used them in the rain 2 or 3 times so far, paired with the MLD poncho tarp.
I agree with the others that the ability to use the rain chaps is dependant on what you have for your upper body.
The poncho tarp does a very good job of drapping over the open crotch area and prevents rain from getting to that area.
I can not see how using a conventional rain jacket would work with the rain chaps unless it really was long enough to cover your backside/crotch area.
What I do like about the rain chaps is that they are very light and they do breath well….the groing area naturally being an area of heat build up (kinda sounds dirty doesn't it?) with all the major arteries there.
One difference betwee some traditional rain pants and the rain chaps is that the rain chaps do not have an elastic bottom cuff for closure.
The MLD rain chaps comes with a shock cord like stirup to wrap around the bottom of your shoes to keep the pant leg from riding up.
I have yet to use them and removed them from the rain chaps…just had not had any issues of the pant leg riding up. (Then again, I am not a tall guy at 5'6").
The only slight negative is that pulling them out in a rain storm and getting them on quick is something that I have not mastered yet….it uses a elastic cord for a belt to which each pant leg is attached and upon pulling them out of the stuff bag, I have to take a few moments to get them positioned in the right way to put them on properly.
The fact that they don't have a zipper at the bottom to make it easier to get your foot through is a slight negative too, but that would add weight.
Overall, I love em and have no plans on switching back.
Hope that this helps you out.
-Tony