I like space blanket threads! I estimate that 67.2% of all my post are somehow related to my 'space'-type emergency blanket. It seems to be a hot topic lately.
I am not an expert on space-type blankets. I haven't used the AMK HeatSheets, but I have read good things about them. Per Doug Ritter's site, it sounds like AMK will be coming out with a new version of their blankets and bivy bags this spring. IUKE12 posted a pic of the multi-layer 'sportsman's blanket.' I have had one of these stowed in my vehicle for at least 10 years. after enduring numerous transfers and a few hard-core picnics, it is still in as-good-as-new shape.
I have had the ultra-compact mylar blankets, and still have a few here and there. I have only deployed one of these types once as a sleeping bag cover during a winter camping expedition (ok, winter car camping trip). It was colder than we had anticipated, and the blanket gave us the little extra edge we needed to retain warmth. But after use, the mylar blanket didn't repack so well, and eventually became tattered and was discarded.
I have since sacrificed 'space' for a heavier-duty version of the 'space' blanket. Here are links to the blanket I am currently carting around and transferring from pack to pack to PFD to pack:
http://www.hartwellmedical.com/blanket.html
And at an online vendor:
http://www.buyemp.com/product/1060608.html
I haven't had to use the blanket mentioned above, so I can't attest it's durability in the field. It has easily endured many re-rolling and re-packing adventures. Based on the construct, I am confident it would endure at least several nights use. I used some tarp tape on my blanket to reinforce some spot and added grommets, making it into a super space-emergency-blanket-tarp thingie:
I plan on using the blanket above sometime this year, just to see how it works.
Another alternative I'd like to try this year is one I read about in the March 2005 Field and Stream magazine. The author of the article carried a 7' x 8' 3 mil plastic tarp in his emergency pack that he cut from a roll of plastic sheeting. He had reinforced spots on the edges of the plastic and attached grommets. It seemed like a decent idea, so I plunked down abut $8 and bought a roll of 4 mil 8' x 25' plastic sheeting. I figured I could make at least 3 decent sized tarps from the roll. I have the grommet points reinforced and ready for grommets:
The Hartwell Isothermal blanket and the 4 mil tarp definitely do take up more space than a compact mylar space blanket. However, I prefer the piece of mind that what I carry is more durable and can by used in more ways than a space blanket.