Let's not forget that in horrible weather any biker you see is a true 100% 365 day a year biker - the fair weather bikers are at home or in a car. With that in mind you can wave knowing you are waving to a kindred spirit that is riding no matter the weather, just like you.
Personally, I'm just glad to not be driving a car in Auckland in bad weather - at least I am moving at more than 5kph! I have ridden in wind and rain and thought - "boy it looks nasty out there" while glad that it is warm and dry where I am on the inside of my wet weather gear. If you don't own any, buy some Rain Off over-gloves - it's nice to have hands that aren't cold & wet. Obviously some good boots, over pants & over jacket are good to have too when it is really pouring down. I'd rather own good wet weather gear than a car even on the coldest wettest windiest nastiest day!
To the other all-weather bikers out there:

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