When there's any hint of rain, I carry (and wear, if needed), a lightweight raincoat made from a breathable fabric. This means that when I am not wearing it I can fold it over my arm and not have to battle through a busy street, or on public transport with a stick-like thing.
Me, too. I really don't like umbrellas and wonder why people don't use rain jackets more often. I enjoy the feeling of rain falling on me and I get to stay completely dry. Umbrellas only can do so much, especially if you're carrying things or have a large backpack (which contains a folded up cover for itself). Rain with wind, forget it.