I just tested out my new dry gloves on the weekend. Great - hands are toasty warm - even in 50 degree water for 45 minutes. With my wet mitts, my hands were so numb I couldn't even press my own air valve by the end of a dive! This could be a safety hazard!
I call my gloves the Home Depot Special. I put the system together from plumbing supplies from Home Depot for well under $20. I used 3-inch black PVC pipe, cut into 1-1/2 inch rings. My hands are very small - most people will need the 4-inch pipe. This ring goes on the inside of my latex cuff. I bought black 14-inch long latex gloves, extra large size, at a janitorial supply store for $2.75 each - that's six pairs for under $20. The outer ring is a plumbing part called a flex coupling. Buy either 3 or 4 inch, depending on the size of PVC pipe you use. One of these rubber couplings is all you need because you cut it in half. A little bit of sand paper cleans the rings up nicely.
So, PVC ring goes inside the latex cuff. Glove goes over the cuff and the inner ring. Flex coupling goes over the ring/cuff/glove. Voila, dry glove. Works great. My brother paid $120 for his ring system two years ago, and it's pretty much the same thing. As the plumbing parts are black, and the gloves I bought are black, and my suit is red and black, the whole thing even looks right purdy.
PM me if you want more info. I know of an LDS that is selling this system in Vancouver, if you don't feel "handy". Don't know if it would work with neoprene seals, though.