I ordered an exos 46 from REI and tried it out for a day, but ended up returning it. I really wanted to like the pack because it offered a top lid and some nice pockets that us UL'ers have been going without for a while.
The top lid was a little fiddly to adjust because you use those tiny tape sliders to adjust the height of the floating lid, but it would be nice to have because it would get rid of a couple of my stuff sacks.
The zippered back pocket was very nice. With the main packbag filled to capacity, the back zippered pocket is still fully usable. It is designed into the pack so that it has a full inch depth across the entire size of the pack. I was able to stuff my groundsheet, rain gear, and several other sundry items in there without feeling like it was filled to capacity.
The back stretch pocket was nice, but I can't help but feel like the larger 'ray jardine' style mesh pockets on the back of most UL packs these days are much more handy. The back pocket on the exos 46 seemed really small and only suited for a few soft items like a jacket or fleece. I was barely able to get a pair of crocs in it and that was with most of the crocs extending out of the pocket. (granted, my crocs are size 13)
The side water bottle pockets are not gusseted, so if you have a full main packbag, it is a really tight fit to get a quart water bottle in them. They have an angled opening so that you can reach the bottle while the pack is on. Unfortunately, I think you would still need a buddy to help you out to get the bottle back into the pocket. Maybe this would be easier after the fabric had a chance to really stretch, but I didnt have the pack long enough to check that out.
The main packbag seemed pretty small to me, but I was able to get a 5 day/3 season load into the pack with the zippered back pocket, top lid and the rear stretch pocket.
Why I returned it:
Because of the way the shoulder straps and hipbelt are attached to the mesh backpanel, I felt like the pack bounced against my back an awful lot. Kinda felt like a trampoline effect. Also, the aluminum frame bar flares out into wings around your hips. My hips are fairly wide, so the frame bar made contact with my hips as it trampolined against my back. Overall, the suspension just didn't work for me even when I was carrying 25 lbs. YMMV.
I have an ohm and a circuit on order now. As soon as I have a chance to do a comparison on those, I will add my thoughts.