I understand that modern outer layers are more functional. A leather jacket, for example, can be dressed up or down so as to be worn in a variety of situations. It is also better at keeping you warm.
However, I think capes/cloaks are more aesthetically pleasing garments. It also feels good to have the fabric flowing around you as you walk. But what do you think?
That’s a great list.
And almost every one of those is likely to work better for OP, work with more outfits, etc, and have less of a stigma than a fedora.