"Do you have any personal experience with any of the treated down products?"
This is an interesting topic to me, too, but one thing's for sure: nobody has a *lot* of experience with these treated products–they're too new. Do they work? Do they work after 5 years? 10? 30? Do they work after one or two good dunkings? Do they degrade into something worse than untreated down? It'll be a while before we know. I'm sort of on the "what problem is it trying to solve?" side of the fence, but still on the fence.
Here's what Feathered Friends is currently saying:
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What about water resistant down?
Our main philosophy that applies to design also applies to our materials. Treated down that reduces water saturation is currently a buzz topic, and we are investigating and testing the technology. Before jumping in, we have major questions, namely: does treatment negatively impact the longevity of the down? Does the treatment wear off with considerable use? How much water does it take to null any gain from treatment? We've been producing down gear in the rainy Pacific Northwest for 40+ years. We explore and utilize new technologies we find beneficial for you, so in the meantime, we will use the best fabrics on the market to help prevent water from even reaching the down insulation.
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Source: http://featheredfriends.com/faq/#water