Nylon when sheeted is not waterproof. All waterproof garments either have a waterproof laminate (i.e. GoreTex, Urethane coating, many other brands) or are made of waterproof material (urethane again - i.e. raincoat).
Most of the fancier brands have a weatherproof finish added (one good brand is ReviveX by WL Gore) which wears off over time and use and needs to be refreshed periodically.
Something like ReviveX can be applied to most any garment to make it weather resistant (it's basically the same concept as scotchgard - hydrophobia), but it may affect fabric properties and comfort.
Get a quality weatherproof softshell if you're going to be out in the elements. Something by Mountain Hardware, Gore Tex, or Outdoor Research will do nicely. They are pricey, but worth every fucking penny when the chips are down. Getting wet when away from civilization is one of the easiest ways to put your life in danger. Go hardshell if we're talking serious elements, like travel during rain/snow/etc storms.
Also, don't forget your lower half - it can get wet too...and your footwear. And read up on layering. One of the biggest mistakes made by neophyte wilderness travelers is over-layering and getting themselves sweaty, and thus cold and wet from the inside. Remember: a working human body can produce up to 1600% (that's not a typo sixteen hundred percent) as much heat as one at rest. This is why you will commonly see experienced backcountry travelers moving in nothing but their baselayer in temperatures well into the teens-below-zero if the terrain is strenuous.
Feel free to PM with other questions if you have them.