Mark, good idea to just putting the insul-bright inside a stuff-sack. It was a bit challenging sewing the round bottom of the cozy for an inexperienced sewer like me. However, for durability purposes you probably want to line the inside of the cozy. My results also indicate that the reflectix is slightly better insulator but the difference is very small (see chart below)
Bill, I agree with KT. The cozy will be at temps below boiling (212F) not subject to oven temps (over 400F). Also for oven mitts you probably don’t want something slippery like silnylon. Cotton gives a nice grip when using it as the outer-shell for oven mitts, etc. Perhaps one of the benefits of using cotton (or other breathable fabric) is that you can avoid some condensation from the steam inside the pot. But a bit of condensation is OK, as it will quickly dry-out after use.
Anyway, here is my finished Insul-bright Cozy and the reflectix one for comparison.

The construction of these cozies is a bit different, the Insul-bright is basically a tight fitting insulated stuff-sack. (I used 1.1oz silnylon to encase the insul-bright). I also did make a small insulated dish for the top so warm air does not leak (too much) from the closure of the stuffsack. Since warm air goes up so I thought it would be specially important to have more insulation on the top of the pot.

Here another picture with the sides of the cozy folded down. I like to eat straight from the pot when possible, so I would use it like this when eating from the pot. It keeps your food warm longer and it is easier to hold the pot as a bowl without burning your hands.

My old reflectix cozy is just two opposing cylinders (of slightly different diameter), so in effect there are two layers of insulation on the sidewalls of that cozy.

I also did a performance comparison test, by boiling 2 cups of water, and then taking measurements of the water temp at fixed intervals of time. This is what I got…
Time No_Cozy Reflectix Insul-bright
0 min 212F 212F 212F
10min 190F 199F 198F
20min 173F 190F 188F
30min 161F 181F 178F
weight 0g/ 0 oz 50g /1.7oz 27g/0.9oz
I’m actually impressed how the pot alone (with the lid) did a decent job keeping the temperature of the water, I was expecting a much bigger drop. Of course, this is in my kitchen, so I would assume in the field when you are exposed to breezes and colder temperatures, the benefit of any cozy becomes more evident. This also another reason to use coated fabrics for the cozy as they provide better wind resistance.
And lastly, here is a picture of how you can collapse the insul-bright cozy. (In the palm of my hand I have both the cozy and the top disk). This is not possible with the reflectix one.
