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lol... If you want a waterproof layer on top of your PTjacket, you should get the rapha rain jacket instead (as per rapha's own recommendation in the PTjackets description). The rain jacket is more relaxed fit.
Or, screw the jacket and just buy the softshell baselayer... you will get wet no matter what (either from inside or outside the jacket), at least you'll stay comfortably warm :)
sounds like your race cape is too small and you should sell it to me ;)