The name semi-dry is both dumb and confusing.
Either you're wet or you're dry. Wetsuits, including 'semi-dry' suits, work by the body heating up the water in the suit and the suit separating it from the colder water outside. 'Semi-drys' tend to do that more efficiently than 'normal' wetsuits due to the additional seals. There are differences, some like the Mares Isotherm have a drysuit zipper which makes a difference.
The only wetsuit I have is a 7 mm Scubapro. It has seals on the wrists and ankles, but a normal wetsuit zipper. The seals work fairly well, when exiting the water I usually have water collecting from ankles up to my knees, balooning the suit legs without leaking. But as soon as I get into the water I can feel it entering the suit in the back and neck area. I did have dives though where I would come back with dry spots, for example around my upper back, while the lower and chest area would be wet.
They tend to be expensive (especially with a ds zipper) and can be a pita to get into and out of.
I switched to a Mobby's Armorshell drysuit years ago. Front Zipper makes donning and doffing the suit very easy. It's a shell suit, so it's more baggy than a wetsuit. I cut a close cut one, though, and with thick underwear it's pretty much filled. Save for condensation it stays dry. The condensation isn't enough to get me wet, only makes the underwaer damp on the outside. Any perspiration gets pretty much whicked away. The trilaminate material takes about 15 mins to dry on a sunny day, so I'm not leaving wetspots all over the place, handy on boats. For me, comfort in and especially out of the water is vastly superior. You are pretty much dry when you get out of the water, there is no wet suit to donn for the next dive (the worst!), and I really prefer the thin shell over thick neoprene. Choosing the undergarment, layering it as needed, gives you a very broad range of temperatures to dive at.
The first three years I had the suit I would dive the 7 mil once in summer and ended up cussing like a sailor just as soon as I hit the water. I stopped that nonsense a couple of years back. So far I only had to replace the latex neck seal once, after tearing it with my fingernail. As Mobby's changed colors dealers were allowed to sell old stock at their leisure. My shop called me up and offered it to me for $850 instead of the $1,450 MSRP. I jumped on it.
There are several ds in the $1,000 range and I think most are a better deal than a $400+ wetsuit.