The Highlander basha would be an alternative worth considering as well in approximately the same size/weight bracket as this snugpak offering. I sought one out as a more compact and lightweight alternative to the issue basha, and to date i've been very impressed by it. It does have the added advantage (to some) of a number of central tie off points.
I'm following Snugpaks recent 'diversification' of their product line with interest - they have some really well thought out kit.