"this may sound stupid but i don't really believe in rain gear. just doesn't work for me."
It honestly does! You haven't listed any waterproof protection for your bag, and relying on a pack cover as your primary water protection is a newb mistake - see many, many threads here. If you are going to use a pack cover use it WITH a waterproof pack liner or a dedicated dry bag for your bag. If you are basically planning (as your current list indicates) on every item of clothing you are wearing to get soaked through any time you have to hike in the rain for an hour, you should at least have a fail-safe backup. Especially since you also don't have a primary insulation layer other than your bag. Also might want to put your long underwear and cotton t-shirt in there with the bag since you literally will have nothing else dry to wear in that high probability scenario. Might work in the mojave, but probably not in your locale. Are you even sure all the clothes you just got wet will dry out by morning? Maybe your plan is just to turn around and hike out if it rains - that would work. Otherwise...
The redundancies mentioned above are also classic - people who don't have confidence in the gear they have and their ability to use it often add "backup gear". A lot of time they are equally sketchy on how to use that gear as well. Better to practice and acquire the knowledge and skills you need to have confidence with one thing that works for a given purpose. Two thing you are unsure of are not a replacement for one thing you can reliably use.
If a big fire - apparently you don't need this to cook with - is an absolute requirement then keep the saw. If not maybe drop the saw and add SOME kind of insulation so you will be comfortable being out of your bag for long enough to do what needs to be done when you have to quickly get out of your totally soaked clothes, while tired, make some food, etc. at the end of a rainy day with the sun going down and the temperature dropping.
In either case highly recommended you have something to keep you dry, perhaps a poncho that is designed to go over you AND your pack, replacing your pack cover. Not only gives you rain protection but works better as a pack cover as well. Maybe if you explain in more detail why "rain gear doesn't work for you" some of us can make suggestions. For a guy with a couple of pounds of pad and admits to being a cold sleeper, it doesn't sound like misery is your thing. Maybe think things through more logically regarding rain gear. Sorry if I am seeming strident, but at minimum there is a lot of misery you will avoid carrying a 6 oz poncho, and at maximum it can easily be life threatening if things go a little wrong. A lot can be said about making things lighter, but maybe make sure you have all the bases covered first.
Edit: no groundsheet listed, Watching anapurna's links to Mike Clelland vids absolutely the best thing you could do at this point. Really, really simple, good and concise videos about what you need and don't need.