I also have trouble comprehending the theory that drysuit undergarments keep you warm while you are wet! If there was any truth in this why even use a drysuit? Why not try ice diving with just that "magical fabric" that keeps you warm when soaking with ice water?
Is it even possible? Or can the marketing gurus make us believe in whatever they would like us to believe?
There's good science behind most of the drysuit thermal protection strategies and materials. Heat transfer is reduced and warmth is retained, often very significantly. And, yes, some materials significantly reduce heat transfer even when flooded with water. Personal experience will convince you pretty quickly....
Here are some interesting references, starting first with one from Rubicon's invaluable collection of articles.
Rubicon Research Repository: Home
From Rubicon's collection, a very helpful overview of coldwater diving by the American Academy of Underwater Sciences (see especially the sections regarding exposure protection by Dick Long, page 29, and cold water diving by Steve Barsky, page 65):
http://www.si.edu/dive/pdfs/ProceedingsColdwaterDiving.pdf
Here's more interesting info on DUI's thermal strategies, including the properties of Thinsulate B:
http://www.dui-online.com/tech_insulation_strategies.htm
Thinsulate™ Insulation
[FONT=Verdana, Arial, Helvetica, sans-serif]Thinsulate™ Insulation is made of a polypropylene fiber that is 1/1000th the size of a human hair. Polypropylene is a modified wax. This type of insulation is the most efficient insulator known at this time (weight to warmth ratio). DUI uses 200gram and 400gram compression resistant Thinsulate™ Insulation sometimes known as Thinsulate™ Insulation Type B or Ultra. This type of Thinsulate™ Insulation is commonly used in footwear as it will retain its insulating value even under compression from someone standing on top of it. In addition, the fibers are matted together so closely that the natural resistance of wax to water prevents water from entering the insulation even if water did enter the suit. Unless there is strong pressure on the material from a serious suit squeeze, the water droplets will not touch one another and they cannot conduct heat. The body will have to heat the water in the suit, but as long as the water droplets remain trapped in the fibers and do not touch each other, they can not conduct heat away from the insulation. This characteristic makes Thinsulate™ Insulation a great choice.[/FONT]
Here's an interesting website about diving under the Antarctic and the insulation needed:
http://peterbrueggeman.com/nsf/diving/index3.html
As to your original question in this thread, I use layers of polypropylene fleece outdoorwear as drysuit undergarments for water temps down to the low 40's. Fleece isn't as efficient as other fibers, so I need more of it and therefore need more weight. It works well for me.
For water temps below that, I use a Weezle Extreme Plus undergarment. I combine it with various other materials and techniques to achieve excellent thermal protection. One cold area, such as chest, head, hands, feet or face, can really reduce overall effectiveness, so I've addressed each one. My present method keeps me comfortable for over 90 minutes in near-freezing water temps.
The point is that you'll find there are many different ways to reduce thermal loss, some more effective than others. They will make perfect sense when you finally find yourself staying toasty warm on a long dive in ice water!
Dave C