Swami P:
Here's what I believe about space blankets. In all but a very few, unusual conditions, the reflective property of space blankets is nothing more than marketing hype. The exceptions may be when using the blanket as a fire reflector, or when you're hiking naked in outer space (or in a local complete vacuum).
The primary use of these things as emergency devices is simply to stop convective heat loss in air. That is, they provide a wind barrier. As small, light sheets of windproofing they're great.
A silnylon tarp of almost any dimensions from 7 x 9 ft to 10 x 10 ft will provide a lot more flexible shelter options. The advantage of silnylon over plastics or platic-coated nylon is its light weight and compressible volume.
Such a tarp would be bigger and heavier than a space blanket, but much more versatile and durable than a space blanket when used as an external shelter. You have to factor in cordage for rigging.
I have no experience of the land shark bag or the Thermo-Lite Emergency Bivy bag, but these strike me as useful things because they're preformed bags that are wind and water barriers. Not all emergency situations call for a tarp-like shelter, and wrapping the tarp securely around you might not be as easy as slipping into a ready bag.
Bear