I’m sort of surprised at these responses, coming from what I assume are young or middle-aged men. Right now where I am it is exactly 30F outside, cloudy, with a light wind and snowing lightly, and almost everyone is just wearing jeans and some sort of medium weight jacket (shelled fleece, unshelled fleece, cotton sweatshirt, a few people with puffy down jackets). This includes construction workers who will presumably be out in this sort of cold all day. When the UPS man came by, he was wearing short pants, some sort of medium weight insulated jacket, and no hat. I was wearing supplex nylon pants myself while walking around town. Yes, the wind whips right through them, but 30F is simply NOT that cold for most people. As long as you’re moving and it’s dry and you have protection for your torso and head, I really don’t see why you need much protection for your legs.
So my recommendation for bottom layers, other than for winter, is thin nylon shorts for underwear/warm weather/sleeping, long breathable nylon pants for cool weather, mosquito and thorn protection, and possibly rain pants for when it is either below freezing or near freezing and rainy. I really see no reason for thermal underwear for healthy young or middle-aged men unless you are expecting temperatures below 20F.
BTW I am a middle-aged man myself and have a medium or low metabolism. When other people are bare-handed, I tend to wear light mittens. When other people have on a simple fleece jacket, I have on a thicker Polarguard jacket. So the above recommendations are hardly extremist.
For winter, I would recommend a thin merino wool base layer under heavyweight Goretex rain pants (heavyweight so it doesn’t get shredded easily). This should be okay for temperatures down to about 10F. Remember, if you are doing heavy work, you can be comfortable at 10F with very little cloting. Don’t believe me? Try digging a hole in the ground or chopping wood at 10F at you’ll see what I mean. Once you stop moving at 10F, of course, you’ll needed some sort of thick insulating pants.
Also remember that 10F and below is vapor barrier territory. At these temperatures, there is a great risk of ruining your thick insulation with frost condensation. So I would strongly recommend any insulating pants for use in winter have a waterproof inner shell, such as silnylon. Condensation in the merino wool base layer is not a problem, since you can easily dry this out by sleeping in it. Vapor barrier protection is also highly advisable for your jacket at 10F.