That is the cat's meow right there. But $237 AUS? That's like, um, (carry the one), a lot in USD. Plus you have to take the whole thing off to access the tools and other errata. I use a compression suit under my jersey and jacket right now, so it needs to be stand alone. I have several recommendations for an MSR fanny pack and just keep using my current CamelBak for hydration. I don't carry enough stuff to warrant a true "does it all" pack right now, maybe in the future after I exhaust my fanny pack options. Some great recommendations, for sure. I will keep using my current pack because I have none of the issues that you all mention. I must have an older version, because it has never leaked and the bite valve is straight and never fails. I know that my buddy has had issues with his, but I have been pretty lucky so far. Well, except for the zipper, of course. I might try the warranty option, but I don't want a new one, just a fixed zipper. We'll see.
Thanks for the excellent suggestions, if I spring for something fancy I'll post up.