Since I've ridden in many conditions, I can relate to this "Perception"

[theking]

http://www.youtube.com/v/2FiPgAMXZKI?version=3&hl=en_US

[Finest]

I haven't ridden in the rain (yet), but I'd imagine it'd be pretty scary!  

I try to ride as often as I can because WI weather gives us about 2 months of riding time total.  And the potholes around here are notorious, but I've already memorized them all from driving in my car.  The only times I've had to call off a ride is when it was really HOT outside, like 90 degrees with almost 90% humidity.  Even with my vented jacket, it was intolerable to ride in traffic.  And also when I've only had a few hours of sleep, I decide to take the car because I don't trust reflexes that early in the morning.  Every other time, I'll take the bike over the car, saves on gas as well!  

[Boost]

Riding in the rain isn't too bad at all.  You probably shouldn't push the bike to its limits but normal riding is fine.  I ride all the time in the rain when I have to.  Its not the greatest feeling getting wet but its not scary.