After reading this thread I sought out and found some Original Swat waterproof boots. Got em from a vendor over by Iron Gate Saloon near the Myrtle Beach dealership last year during the now defunct MBBW, now known as Just Plain Bike Week.

Anywho, I now can now say that these are GREAT BOOTS! Mine zip up the side and are waterproof with a velcro strap at the top to hold the zipper down. They are light, super support and like wearing good Nike or New Balance athletic shoes. During the winter, I've had some WigWam socks and the combination of the Swat boot and these socks kept my feet perfectly warm in 30 degree rides for over two hours on the road.
If I only had to have one pair of shoes or boots, these would be the ticket.