Keep in mind that any laminate that is not Gore-Tex or eVent will breathe like shit.
As a casual jacket where you barely move (i.e. car to supermarket), it shouldn't be that big of a deal. But if you hike, ski or do anything with movement, the laminate will make you feel like a sauna.
.....Any "proprietary" laminates from Mtn. Hardware, N. Face, Patagonia, etc are weak in the breathability dept. versus Gore-tex/Event. Waterproofness also is also weaker with wet-thru in extended heavy rain and also apt to internal condensation due to lack of breathability in humid conditions. Keep in mind that these proprietary laminates are these brand's "budget" line. They will usually always offer the Gore-tex or eVent stuff as their premium line and it's definitely worth the premium price imho due to it's substantially better performance.
With sales you should be able to get a better jacket (i.e. eVent/Gore-Tex) within your budget....