I'm a little late to the party, but may I chime in with one more suggestion? I find the Mt. Borah baggy short, sold here on TE, to be the perfect solution. I think they're awesome! Super comfortable, and they look just like a pair of regular ol' shorts. The chamois is sorta minimalist, but I prefer that, and have found it to be perfectly adequate for rides of any length (granted, I rarely do rides that exceed 25 or 30 miles). My only quibble is that the pockets are too deep! If I drop my cell phone or keys in one of the pockets, it really takes some digging to fish 'em out, lol.

I have a pair of Mt. Borah underliners, and they're nice, too, but I'm not crazy about having two bands of elastic (one from the underliners and one from the shorts) around my waist. That can get kind of uncomfortable after a few miles.

(Like loopybunny, I have a problem with finding jerseys that don't highlight every blob on my upper bod, but I guess that's a topic for another thread. )