+2 on the Fox Creek. I got my Fox Creek Grayson jacket after many long nights researching jackets online. It has pockets for armor (purchased separately, of course), a zip out thinsulate liner and vents. The jacket is heavy and appears to be made well (and made in the USA) with a lifetime guarantee. I'm a difficult fit and had to order a 40 Long, I ride road bikes and am very thin, often described as "ribs and nipples". I was told it would take 6-8 weeks, and it showed in 5. They sent me 2 jackets when I placed my order to make sure of the 40 Long size was the correct size. Awesome customer service from Scarlette and everyone I talked to at Fox Creek.
As far as being waterproof, leather already has some waterproof abilities. But if you are riding in rain often, spend the extra $30.00 for the leather cleaning kit. It comes with the leather oil soap, leather oil and conditioner and the water repellent leather dressing. If you're already spending $400 +, what's another $30 to keep your "investment" looking good for a lifetime.
My only complaint about the jacket is the collar sort of pushes into my neck because it's a "long", and I'm leaning forward on both my bikes, CB500 "Cafe" and Ducati Monster. It doesn't do that when I ride my buddies cruiser. As the leather is getting softer the more I wear it, the collar pushing into my neck is becoming less of a problem.