I recently picked up a Zpacks sleeping bag from the Gear Swap forum and had a chance to use it for 4 nights so I thought I'd post a little review here since there still doesn't seem to be much info out on these bags yet. My bag is a medium length, medium height 30 degree bag with 1 oz overfill and a side zip with a draft collar. It comes out right around the specified 15.3 oz without the dry bag.
A few details which people may ask: I slept on an XS Thermarest Prolite with a small cut up Ridgerest for my feet and lower legs. My shelter was a Big Agnes Fly Creek UL2. 1st night I left the fly off, all other nights I had the fly on. I always wore thick wool socks, merino wool briefs, a Cap 1 SW long-sleeve baselayer, and a fleece beanie. For extra warmth, I had two hoodless down jackets: a Montbell Half-Sleeve and a Stoic Hadron Cardigan. In general, I'd say I sleep about 5 degrees colder than most.
1st night: Started off by using the bag as quilt. I just had it draped on top of me until a stiff wind came by – the bag is so light the upper part of it levitated above me for a couple of seconds. After this, I crawled in and zipped up the bag. Later in the night, around 2 am, I felt chilled so I cinched up the neck collar. Then around 4 am I felt chilled again and put on my Montbell jacket. This kept me fine through the night. When I awoke, I was surprised to see frost all along the outside of my tent. One of the guys I was camping with said it sprinkled briefly for a couple minutes that night which would explain the small drops I saw on the outside of bag. Since we were car-camping at the trailhead and planned on heading out at dawn, I checked the temperature in my car: 32 degrees. One consequence of living in Arizona is that the temperature drops drastically at night, some times by as much as 40 or 50 degrees from the day-time high.
2nd night: Although the day-time high had been at least in the 70s, it was already in the mid 30s when I went to bed around 10pm. I knew it would be a cold night. After going through the usual stages of adding layers, zipping up, cinching up, etc, I woke up in the morning wearing both my down jackets. I wasn't cold but I wasn't toasty either. I don't know what the temperature was, but my water bottles were slushy when I woke up in the morning.
3rd night: This was the coldest night of them all. I hydrated myself well and ate a ton of food before going to bed in attempt to keep myself warmer throughout the night. I knew it would be a rough night after I put on my 2nd down jacket around 2 am. I woke up shivering around 4 am, so I did some in-tent aerobics and crunches and went back to sleep. This actually helped a lot as I was okay until morning. When I woke up, one water bottle was frozen solid and the other was very slushy.
4th night: I stayed plenty warm. We camped in a much warmer spot. The temperature probably only reached down into the mid-low 30s.
We were only expecting lows in the low 40s for this trip, so these cold temperatures were quite a surprise! As it turns out, a cold front happened to move in right as we left. Additionally, we spent our 2nd and 3rd night in a deep valley which got little sunlight and which all the cold air in the mountain range must have settled into at night. I certainly learned my lesson about selecting warm campsites. I typically camped on lots of forest duff, so at least it never felt like I was losing much heat from the ground.
All in all, I'm fairly pleased with the bag. I'm 5'6'', 160 lbs and find the girth and height to be perfect. When the temps drop, I really appreciate a trim bag. If I was a couple inches taller though, I think the bag would be too short for me. For the warmth, the bag is ridiculously light, especially when you consider that it has a long, easy-to-use zipper with a draft collar. Looking at the bag's loft in my house, I measure between 3.5 and 4.5 inches of double-layer loft. After this trip, I purchased a Melanzana fleece hoodie to sleep in as I don't think my Cap 1 baselayer provides enough warmth for its weight.
My only concern is the 900 fill power down in the bag. When I was in the field and things were damp, it seemed that the bag was slightly under-filled. Now that I'm at home, it seems to have plenty of fill. It's probably just my imagination, but this is what it seems like. I do think the extra 1 oz overfill was a good idea – I would actually recommend more. Since I can only think of a couple of cottage companies that still offer 800 fill power options, I guess the 900 fill power stuff must work fine. That being said, I would love to see a lower fill power option (to make the bag cheaper) and a synthetic option. I used to own a GoLite Ultra 20 quilt but always had drafts when I turned. The Zpacks bag is lighter, just as warm, and eliminates drafts for me.
One final thing: I wish the side zip was a split-zipper. My legs always felt quite warm and I wanted a way to ventilate them without ventilating my torso as well. I think this is something I may be able to add myself though.