I have the Leather version of that jacket. It is not supposed to be waterproof, and it isn't.
But the textile version IS advertised as being waterproof. Anyway, I bought the 360 Illumination textile jacket. I really like the looks and the overall quality seems to be better than my Joe Rocket. It's certainly a lot more comfortable but that might be because I've put on a bit of weight over the past few years and the JR feels like it "shrunk" Heading out on a week-long trip in a few weeks. Guess I shouldn't leave the rain gear behind.