Depends on how you use it and what weight material it is. I originally got a couple pieces in the heavier stuff and in the PNW it is way to heavy and warm. I have been using the lighter weight items for several years in cold weather, wet weather, and cold and wet weather, archery and rifle hunting for deer and elk. Kept me warm and reasonably dry, and yes level of exertion will dictate how much you sweat and how much condensation builds up. It is wind and waterproof, needs retreating with Nikwax TX Direct wash-in to help prevent fibers from soaking up and holding water(just like goretex rainwear). I have not used the newest and lightest rain wear that they offer so I can't say how good it is. Limit your activity level and it will be fine.
Beginning last year I am getting away from their stuff and started using Kuiu, Firstlite, and ASAT mainly for the lighter weight and wool items and I am changing camo patterns to ASAT or Kuiu vias. I asked RW if they were considering offering an ASAT pattern and they said they had no plans to do so.