Just tried out some various microweight/lightweight wool leggings and thought I'd share my observations.
Note, I got these partly for bike-commuting short distances, but mostly just for wearing to work and around town under skirts. I specifically wanted to find *footless* tights/leggings, because I find the "footed" ones pull down on the legs/thighs, and I'm always having to hoist them back up. They also needed to look good enough professionally, under skirts/dresses, i.e. they needed to not look all bunchy or like long underwear.
1) Icebreaker Nature tights, 150-weight. I don't recall the specifics, this was a year ago. I just remember they were *really itchy* so I took them off in disgust and sent them back! I was really surprised, because wool, including Icebreaker, rarely makes me itch. Fit: tight.
Today, I got Patagonia and Ibex tights and tried them against each other:
2) Patagonia Wool 2 tights. Thought I'd try these because I love the Wool 2 top.
What I liked: Very silky, yummy fabric! Look great as leggings; they don't bunch. Extremely comfortable. No itch whatever. True to size.
What I didn't like: Crotch seam is right down the middle (I do after all plan to wear these a bit riding around town, with technical undies under, and a skirt over). There is also a seam stitched all the way down the outer part of the leg; it's not *too* noticeable but makes the tights slightly long-underwear looking, closer up. These tights are 27% polyester, which I'm afraid will stink (that's a problem with the Pat 2 t-shirt). Most expensive of the three tights.
3) Ibex Woolies tights. My first experience with any Ibex Woolies.
What I liked: Just as ridiculously comfortable & attractive as the Patagonia ones. Don't bunch. Crotch seam is split, not right down the middle. There is no outer seam on the leg. 100% wool, so I'm not concerned about stink. Cheaper. A tad warmer.
What I didn't like: These tights have a grandma-rise; they come up a full inch above my belly button! Less silky, and ever so slightly itchier than the Patagonia.
I kept the Woolies, but for the truly itch-sensitive, or for somewhat warmer weather, I'd recommend the Patagonias.
What amazed me most about both the Patagonia & the Ibex is that they looked like true tights, professional, while still being somehow loosely comfortable (in both cases I was between sizes and I sized up). I'd say, for comfort, size up instead of down. They won't be baggy on you.
Hope that's helpful to someone.
Mariposa



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Even better, they are holding it for me until Friday when I will actually have the money - it is still far from cheap at 50%... 
