The issues people have with it [Paramo] are weight, warmth and looks
Particularly in their trousers I dislike the lack of stretch that necessitates a relatively baggy cut, compounded by the need to have two layers there. And because they're a wear-all-day thing rather than overtorusers, the rustling gets on my nerves all day rather than just while it's raining.
So even for jobs where I'm happy to be wearing an Analogy jacket I still don't like the trews. Though it should be emphasized it's not because they don't work.
My usual hill-wear is Tracksters or, if it's cold, something soft-shell (ME Schoeller Dryskin trews if cold, MEC Powershield sloppets if it's
COLD). The Tracksters dry out very fast and aren't too uncomfy unless completely soaked in a deluge, the Dryskin isn't quite so fast drying but keeps out showers acceptably well and the sloppets need Proper Rain (TM) to fail to cope. I use some light full zip ME overtrews when it gets too much for any of those. I don't like them much, but I like them more than getting soaking and they don't take up much pack space. And all my preferred trouser options work well beneath them.
Pete.