Derek-There is no one best solution for each layer. Select what fits you well, what matches your budget, and is aesthetically pleasing to you. Simple concepts to guide you in their selections are as follows:
If you are trying to stay warm, wear a base layer garment that wicks the moisture away from your skin (polypropylene, wool, and polyester are all good options. If you don't wash your clothes every few days, select synthetic garments with silver in them or wool to eliminate odor. If you want to stay cool, wear a light colored garment to minimize the absorption of solar energy. Moisture on your skin will feel uncomfortable but, it is best to leave it there for cooling. Wear a loosely fitting base layer to facilitate the evaporation of the sweat.
The insulation you need is inversely proportional to your metabolic rate. For sleeping, your metabolic rate is ~.8, for camp chores ~2.5, and for backpacking ~8. As a general rule thickness determines the relative warmth and you need more thickness the lower your metabolic rate. As a general guideline, ~ .6" is adequate for 3 season camp chores and ~2β is adequate in your sleeping bag (~20F rating). For any given temperature you will need about 1/10 the insulation thickness hiking that you need sleeping, and about 1/3 that amount of insulation thickness while doing camp chores. Wear dark colors for you insulation layer to maximize solar heat absorption.
A breathable wind shirt over a base layer is all that is needed for most hiking insulation situations. A light wind shirt will provide about .5 clo (equivalent to 1/8β of high loft insulation) by virtue of the still air trapped between it and your body. It will also prevent the wind from blowing this still air away.
For camp chores or rests while hiking, high loft insulation is the most efficient weight-wise to keep you warm. In rank order of weight for warmth efficiency your best options are down, Primaloft One, Polarguard Delta, or fleece.
Select an outer layer to protect you from rain (no insulation should be part of it). If you are backpacking with a poncho tarp, then a highly water resistant wind shirt can be used to augment the poncho tarp for rain protection. If you are not using a poncho, then your options in order of desirability are WPB fabrics such as Propore (fragile but cheap), eVENT, Gore-Tex, EPIC, or proprietary polyurethane. Wear you wind shirt over your insulation and under your WPB outer layer to maximize warmth.
For sleeping, use your high loft insulation to augment your sleeping bag loft so a lighter bag can be taken.