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I was actually looking at this as well. The LegCoat/Wraps I am planning to buy would be plain black to match my lens and tripod.
How do you like it? Does the neoprene shred over time?
They're not made of neoprene. That would have been a better choice, but Optech chose to use plain vanilla foam pipe insulation, exactly like that you can get at a hardware store for one or two dollars. The foam is quite thick - it adds a lot of bulk and doesn't stay in place, despite the double-sided tape included in the kit. And speaking of their tape, Optech advertises it as being easily removable. It isn't. You can't peel it off, you have to use adhesive remover and scrape it off.
IMO the only good thing about the Optech wraps are the cordura socks. The foam Optech uses is ill-suited to the task. A more suitable and durable choice would have been a higher density foam that's half the thickness of their pipe insulation.