http://slickdeals.net/f/5541026-REI-Black-Friday-Sale-50-Off-REI-Brand-Outerwear
According to slickdeals.net, REI is having a rather nice black friday promotion this year – 50% off all REI brand outerwear, both in store and online. I find this interesting because most of REI's stuff, while generally not light enough to be considered ultralight and not always the best in materials/design, is usually quite functional and a good value (not to mention the awesome warranty).
So, assuming the sale info is accurate, I believe the REI brand eVent pants/jacket would both be pretty good deals at $95/$120, respectively.
http://www.rei.com/product/826022/rei-kimtah-rain-pants-mens-30-inseam
http://www.rei.com/product/826021/rei-kimtah-rain-jacket-mens

