Hi Robert
There is very little difference between a sleeping bag with a (central) hood and an 80% zip and my 'quilt'. I included a zip on my quilt so that it can be converted back into a sleeping bag if wanted – but I don't normally do this.
However, the hood on my quilt is 'central': midway between the sides. So if you put the hood down on the ground the zip runs up the middle (on top), not up one side. This means that the hood goes over my head when it is used as a quilt.
I know many American sleeping bags and quilts do not offer a hood, but quite bluntly I do not think their designers know enough about human physiology. Yes, I know that sounds extreme, but let's see…
Your highest priority is to keep your head warm. If that means your body has let your feet freeze (literally, with frostbite), then your body will do just that. It will keep diverting blood from your extremities to your head until your head is warm enough, no matter what the price. So it pays to keep your head warm if you want warm feet.
You will see adverts for special extra flaps inside the foot box and for increased down in the footbox, to keep your feet warm. They don't work, although apparently the marketing guys don't know this. If they do know this then they are lying in their teeth. Cold feet are cold because they lack hot blood circulating through them. The only thing which warms feet up is hot blood. Once you have that circulation, the same level of insulation as the rest of the bag is sufficient.
You can probably use any sleeping bag with a really long 3/4 zip this way. Sure, you don't save any weight, but you sure get a lot more comfort. Sometimes, in the cold, that has real value.
Two things make the idea work very well. The first is that the closed bit at the foot region goes over my feet, and this stops the quilt from sliding off the rest of my body. yep, it works. The other factor is the width of the quilt: wider than many of the 'top bags'. There is enough 'side flap' to just not let drafts in. We take these to France for our long walks.
Underneath I have a 3/4 length Therm-a-rest air mat, and some 5 mm foam at the foot end. This combination works in the snow as well as in ordinary conditions. I usually layer my day clothing on the foam at the foot of the air mat, but that is mainly for extra padding.
These summer quilts have 300 grams of 800 loft down. The shell weighs 250 grams. We (my wife and I) use them, with thermals, down to freezing. Below that we will put on a warmer top and some dry socks. If it gets even colder I sometimes snuggle very close to my wife and then layer my quilt over hers. Yes, they are wide enough to do this – just. Effectively, we get two layers of good quilt on each of us this way. We have used this down to a recorded -7 C (19 F) and been warm enough. (Our shoes were blocks of ice in the morning though …)
For serious snow conditions I will normally take a third quilt with us. This one has 600 g of 800 loft down and a single layer of UL fabric under it for half way up. A sort of top bag at the bottom end. It goes over our summer quilts and the bottom layer of fabric does go under the bottom end of the air mats. The purpose of the bottom layer of fabric at the foot end is to keep the quilt from sliding off us: that fabric is awful slippery!
With this winter arrangement Sue may sometimes turn her quilt into a sleeping bag to get 'draft control' between us, but doing so has not been essential. The over-quilt is also long enough to go over our heads – and it often does.
Cheers