Jed,
This will repeat some of the sage advice given above, but I'll throw my hat in the ring.
GoLite Cave 1 tarp 14oz
Gossamer Gear Polycro med tarp 1.5oz
Insulmat inflatable torso pad 8.6oz
Blue foam for legs 3oz
Montbell pillow 2.5oz
The North Face Beeline 900 down bag 1lb 3oz
BMW bivy 6.5oz
Montbell UL Down Inner pants and jacket ~1lb
Nunatak Down Balaclava 3oz
Montbell UL wind pants 2.6 oz
Montbell UL wind jacket 3 oz
I believe your clothing should get you through the alpine start AM chill before you warm up from hiking or climbing and your bag should be just warm enough to make up the difference between in-camp level of activity and the depressed metabolic level of 3AM deep sleep.
In other words, on the coldest night of a trip I should be just warm enough with all my clothes on inside my bag. Show me a camper with a pile of clothes next to his sleeping bag at night, and I'll show you a heavy backpack. Plus the afore mentioned benefit of being fully dressed whenever exiting the bag.
On dry, low 40 degree trips; themal pants and Montbell shell pants on the legs with light Rail Riders sunshirt, UL Down Inner Jacket with Montbell UL shell jacket on torso with down balaclava on head, neck and face.
For colder trips into the 30s I add UL Down Inner Pants.
Temps below that I just add a warmer bag like my 1lb 12oz Western Mountaineering Ultralight.
If it's a warmer trip, I ditch the down inner jacket, but I don't even open my refrigerator without my trusty down balaclava on. It goes everywhere. 3oz of down on the head, neck and face is the most efficient insulation on the planet. (Don't forget the face! It's loaded with heat radiating blood vessels on the surface. If your feet get cold, put on a balaclava.)
$110 for the Nunatak is pricey. Less effective but cheaper is to buy a thick down parka with a real fluffy detachable hood that covers the face. Take the hood on every backpacking trip and use the jacket for around town. After a few trips with your balaclava you'll find yourself leaving "indespensible" pants and jackets at home. I look like an idiot around camp with my "Michelin Man" head and little or no insulation on my legs and torso, but I am comfy and have the lightest pack.
I rarely have a use in the backcountry for a down jacket hevier the the t-shirt weight UL Inner jacket. In their feature articles and podcasts on Doing Denali UL, Matt and Agnes took the UL Inner pants to over 16k' seeing temps below 0!