This seems so obvious I can't believe that I haven't thought of it before.
Does anyone carry a large poncho for use in rain to keep both human and pack dry? This is a tradeoff/compromise, but I'm thinking it may be reasonable. My experience is that one can encounter any type of weather in the Sierra high country any time of year. Hail in August, etc. I carry gear for most reasonable possibilities, including a rain fly for my pack and a Marmot ultralight rain jacket. The jacket does breath better than a poly poncho. The rain fly protects the pack well but there's always the part against my back which can get wet in a real soaker. For the "standard" 1-2 hour deluge followed by clear sky, I'm wondering if just a cheap poncho over me and my pack is a reasonable alternative. For a day(s)-long hike in constant rain (unusual but last season I did have five consecutive days in Emigrant where I got rained upon pretty thoroughly) I'd take my breathable Marmot jacket over the poncho for sure.
Is this setup part of anyones regular gear?