
I got a Torsolite earlier this year, and used it on a 2-night backpacking trip in Feb and a 3-nighter in April so far. It's as warm as a T'rest Prolite 3, and beautifully small and light in the pack, but it is very small. It's the tapering width rather than the length that I found takes most getting used to. And of course you really do need to use your pack under your legs, which is fine if your pack is dry but a bit of a hassle if it isn't.
So yes, they're very good if you want to go minimalist but I'm not sure I'd use mine on every trip, especially longer ones*. It definitely does find a place with me as an emergency bivi mat in winter though.
*That said, I'm pretty sure Andy Howells used one on his TGO Challenge crossing this year and got on fine with it.
PS. I'm using a down sleeping bag with mine, always have done, and with my T'rest Ultralite 3/4 beforehand, and i've not had any problems with wet at the foot of the bag. I put pack, clothes, sitmat, whatever I have really at the foot end. i've never wrapped the foot in my waterproof either, I'd rather it was open to the air to let moisture out easily.