I like the ZPacks Hexamid solo. I leave the stakes at home, which is usually fine where I hike (turns out, there's lots of rocks above 8,000 feet in the Sierra). It weighs 6.31 oz. I have the beak, but not the netting.
When I need no bug protection, it's fine on its own–no bivy needed. Total weight is 6.31 oz.
When I need light bug protection, I'll bring the tarp + a head net. Total weight is about 7.0 oz.
When I need heavy bug protection, I'll bring the tarp + the bivy. Total weight is around 13 oz.
In all of those cases, I carry a rain shell which weighs 5.9 oz.
If I really think the weather will be good, then I consider leaving the Hexamid, bivy and shell at home, and bringing my GoLite poncho tarp. Now the total weight is 7.0 oz. The main drawback is that I'm not particularly fond of the GoLite either as worn or pitched rain protection. And, I use my rain shell as a wind shirt, which I don't do with the GoLite. But–for a short trip, where I expect the probability that I'll use it is low, sometimes I go this route.
The key difference between your bivy and this system is flexibility–on my heaviest trips, my 13.0 oz is slightly lighter than your 14.8. But for many trips, my system is lighter. And I don't have to pitch the tarp unless the weather actually threatens, which–overnight–isn't that common, in my neck of the woods.
In any case, this is all in general agreement with Dale–every option drawbacks. Your bivy is simple to pitch (Step 1. Set on ground), and offers full weather and bug protection, always. But it is heavier than other potential systems, particularly when the bug and/or weather protection isn't as important.