Thanks to a clearance sale via eBay there's a new Paramo 3rd Element jacket on its way to me. I've used Paramo kit for more than a decade now so don't expect any problems with it, but I am interested to see how the removable sleeve/hood works in practice.
Also en route is the Titanium Goat version of the Jacks 'R' Better Sierra Sniveller quilt. Three ounces lighter due to a different shell and loftier down, it looks worth the extra $20 over the regular version to me. Haven't seen much chatter about it on the boards, oddly. In poncho mode I think it should combine well with the sleeve/hood section from the 3rd Element, adding a bit of insulation to my arms and a comfy hood without needing to wear my complete raingear underneath. Looking forward to trying that combination out, regardless of how it looks!