Thanks for all of the input, especially the soil moisture sensors. I was seriously considering the Fine Offset 1080 from ambient, but the build quality and lack of upgrade ability was really eating at me. I'm sure it's a fine option for some, but reading all of the various reviews around the net gave me an indication of its limitations. The rain gauge was especially troubling with false readings due to wind and the small collection area. I was about to resign myself to buying the 1080 and make due with mods, but have changed my mind.
I believe it is time for me to hack together a 1-Wire/Arduino setup. I figure this way I can start with a rainwise gauge and temps sensor within my 150$ budget and get the quality and resolution I'm after, not to mention hackability. If I decide to go the Davis route in the future, I can use the sensors I'm acquiring (thanks tomcj2!) with some vantage variant.
My idea is to eventually end up learning 1-Wire/Arduino to the point where I can have it all hooked up and displaying on a touch lcd picture frame and mimic some of the Ventus designs:
http://www.ventusdesign.com/products/I may be a geek, but I also have roots in graphic design, so I'm all about the making pretty.
This is obviously an undertaking not for the faint of heart, but should be more fun than just out of the box ready. So I'm quite sure that I'll be on the boards a bit asking for help and showing the progress.
Thanks to all y'all, present and future!