I know this is your opinion based on your experiences, but, I disagree.
Oceanic's new BioDry suits made of BioFlex material are unlike any other trilaminate out there. There's a very good reason the US Military, FBI, and British Navy "ALL" use Oceanic shell suits. Think they're going to use a suit that is inferior, especially in a combat situation?
I'm currently diving in the Oceanic AerDura trilaminate, the same suit that the British Navy/SAS use. I have none of the issues that you've described, what so ever.
Trilaminates / shell suits are just as warm if not warmer than a neoprene. At depth, neoprene loses its thermal capabilities under compression. When you come back into shallower depths, the suit uncompresses and causes some positive bouyancy issues that are easily overcome, but a pain in the rear end.
The snugger fit of most neoprene suits does not allow for the same amount thermal protection if necessary, and are not as flexible as a trilam/shell. And, I've NEVER had any squeeze issues, even when wearing only a pair of shorts and a tshirt under it.
With regards to the drag issue, give me a break... we're not racing around coral heads are we? I thought the whole idea of diving was to relax, go slow, and take in all the sights. It's tough to take in the sights when you're diving at a speed of 40kts, not to mention what type of SAC rates you'd be getting.
With the proper thermal wear under a trilaminate, you will not be any colder than if you were wearing a neoprene drysuit. Besides, if you take proper care of your suit and inspect it before and after every dive, you should never have a flood in the first place.
IMHO, seals on neoprene suits are also a downside. Even with custom fitted suits, my friends with neoprene suits/seals get squirts all the time down the neck and wrists.
Finally, a neoprene suit takes forever to dry out. It can't be rolled up, and doesn't have the same type of durability that a cordura nylon shell has.