I've had to re-evaluate due to my new budget (zero dollars). I had some MEC gift certificates from my birthday so I picked up an Integral Designs Siltarp Poncho (Tarponcho? Siltarponcho?) I thought it was the best bang for my buck as it's both shelter and rain gear...and crazy light weight. I just need to find a bivy that's within budget too and I'll be all set.