I've dived SoCal for several years made several hundred dives so far (mostly here, sad to say
. I dived wet with a 7mm wetsuit for years, adding a 3mm hooded vest in winter.
Then I switched to Isotherm semidry a couple of years ago (mostly for winter) and have been extremely happy with it except for 75+ minute 50-55 degree dives, in which case I would get chilly toward the end of dive 1, and chillier still toward the end of subsequent dives.
Had used a trilam once and didn't care for it because of needed amount of air to stay warm and prevent squeeze. To be fair, I didn't give it too much of a chance, because its price tag was way outside my budget and this one was a loaner. Nonetheless, I felt way out of control with it and very bulky.
Bought an O'neill 7000x neoprene drysuit in December and have not been cold (or even very cool) since. The seals are excellent and the neoprene itself doesn't compress nearly as much as most 7mm wetsuits. I wear a thin thermal "polar tech" long john shirt (an undergarmet I also use for skiing), but nothing on my legs.
The boots are a tad big for me, so I wear thick hiking socks. Side note regarding the boots: The O'neill boots are thick and heavy duty as are most drysuit boots. This means you may need a larger fin size. (I had to go up a size)
Bottom line is that I am very pleased with the O'neill. I'm dry and warm, but have no more drag than with a wetsuit.
Lots of good advice on this thread, but this is my modest contribution. Good luck!