On the other hand, listening to and witnessing how people in dry warm-weather climates, or at least people in this one, seem to panic just as hard over a little bit of rain on the roads, makes me almost wonder if snow wasn't worth it. At least snow stays slippery as long as its coming down, and ice is almost always slippery.
Unless roads out here are different from everywhere else I've heard about, after an hour or so -- depending on how quickly the rain falls -- the oils that collect on the road have washed off. Once the oils have washed away, wet roads are not much more, or even less, slippery than dry roads (at least as long as the water remains in its liquid phase).
There are still two risks. First, while there is still oil floating on top of the thin layer of water, roads are as slippery as they are with a layer ice, or untreated snow. Second, if the water layer is thick enough, and the vehicles tires lack sufficient grooves, the tires can fail to make contact with the actual road surface. This second effect is aggravated by speed.
Now when the rain exceeds, or reaches, the local capacity for handling run off (like it did here on Monday), that can cause a problem as well. But snow also produces run off, and ice can actually reduce the capacity for run off in certain situations. (I recall that the Des Planes River flooded a few years back largely because of "Ice Dams." (If I'm wrong about this, I'm sure that lonotter will correct me.))
At least I'm not hearing "the world is ending" panic over the rain that is predicted for tomorrow and over the weekend. I'm just regretting that it will probably be raining for the last weekend this year I might be able to do something outdoors, not that we don't have indoor plans at least for Saturday evening and our usual Sunday morning plans.