I would say that active insulation can be quite minimal for even sub freezing temperatures, but how long can you continuously hike at near-full throttle pace? Moreover, what happens when you over-exert yourself by doing this all day, two or three days in a row, and you end up sick at the end of the third day? It happens, especially in the cold when people are nearing their limit of physical ability. When I climbed Mount Rainier, it must have been in the teens in the early morning but when I was moving I only had a capilene base and a wind shell and even then I was plenty warm. However, once I had to take a rest stop, I started shivering and I didn't stop until I had a huge down jacket over my torso (Feathered Friends Rock and Ice parka) and had eaten several energy bars. The temps did of course warm up as the day went on, but at the end of that day I pretty much went to sleep and didn't wake up until 6pm the next evening. Granted, it was Mount Rainier and not an ultralight backpacking trip in more reasonable terrain, but I'm just trying to illustrate one experience I had when I was exerting myself quite a lot all day long. When I go on winter backpacking trips, I'm usually alternating between 1-3 wool layers because I simply don't like to be cold and I don't like to be exerting myself so much that I'm breathing hard, especially all day long.
Just voicing my anti-SUL-for-clothes-in-cold-weather opinion. Bring enough clothes to be safe when it's cold out, no matter how "uncool" it is to be non-SUL. Better be safe than frozen. Or at least, it's better to be warm at night, rather than shivering all night long due to not enough insulation or clothes.
With regards to the original question, I think a Patagonia wool 2 base plus a windshirt would be good active insulation into the 30s without any wind, perhaps not that low if there's a stiff breeze. I wouldn't wear one layer top and one layer bottoms, though. I always add another layer onto my torso before adding a layer to my legs. Legs are just an extremity, but your torso is crucial for keeping your vital organs warm.
Using a synthetic quilt as resting insulation is definitely multiuse and SUL, but IMO not very practical as a main piece of insulation in regions that ever experience rain. What happens when it's 35 degrees, raining and you're just wearing a thin wool base plus raingear? A quilt might fit under Driducks, but it won't stay 100% dry inside a rain jacket (either from you being too warm and sweating or from moisture seeping in through the head hole or through the zipper).
OK, I'll stop naysaying now