So, early feedback. The bivys worked well, everyone stayed dry. Big caveat, do yourself a favor and make one out of tyvek so it breathes. Also, I don't think I would use one without a tarp overhead. It will keep the ground moisture off you, but I don't know if I would trust it as my sole shelter. Although, we had torrential rain last night, so I am super glad to have had extra shelter.
They work awesome in hammocks! I was able to keep a ground pad under me the whole night and stayed very comfortable. No drafts!
A tarp bivy is going to be heavy. With a 0* bag and ground pad, the whole thing weighs 10#. Tyvek would be at most 8 oz, so the majority of the weight is the bag and pad. As it was for me, but like the old saying goes, ounces and up to pounds.
OT - I was also test driving a Noah's shelter from Kelty. It was the 12x12 version and that thing rocks! Lots of room under that beast. It's a bit hard to find trees far enough apart to hang the thing, but it has lots of tie outs so you can adjust the ridge line length. I will suggest seam sealing it beyond what Kelty does though. I noticed a few drops forming on the seams.