
Hi Simon, bit late to this thread but just thought I'd chip in... I have a ME dreamcatcher 450(? I forget; it's the blue one) which is incredibly warm and comfortable - it's the elastic bits round the knees, same as in your sleepwalker.
My boyfriend has the sleepwalker, and while they are a similar size and warmth level when unpacked, my bag packs down to about a third of the size of his, and I'm sure it would go smaller with compression straps (I literally just stuff it in its bag). The boyf had a venom before that, but I made him buy a new one (well, ask for one for his birthday!) because he was freezing in it when we were camping in Scotland (in the summer), nicked my liner bag and still needed an extra blanket.
My dreamcatcher was also a present, so I'm not sure exactly how much it cost - not cheap though, I know. But every time I use it I know I'll have a warm and cosy night.