I have a Blizzard Bag that I bought several years ago. It's still in its shrink wrap, still in my daypack and I hope I never need to use it in extremis. If I ever do, I'm planning on insulating myself from the ground with leaves and/or evergreen boughs. If that's not possible (because of injuries or being above treeline), I guess I'll use my pack, extra clothing and sit pad as best I can. If I were really concerned about this issue, a short Z-Rest or Esolite sleeping pad would not be a henious addition to my kit. I do routinely carry a 5'8' silnylon tarp, some light line and a "Heatsheet Emergency Blanket" to allow me to improvise a shelter on day hikes.
I have heard of at least one ultralight hiker who used a Blizzard Bag as his primary sleeping bag. He claimed to be comfortable in temps below 20*F. That's less than would be found in an improvised snow shelter and beats the performance of my 1.5 pound Western Mountaineering Iroquois sleeping bag. At 11 oz., $35 and about the size of a paperback book, I think of the Blizzard Bag as cheap, light insurance against the moment when nature's wrath or my own stupidity finally catch up with me,
porky pine