I like that one too. Well designed, light, cheap... Not many tents pull that off.

That said lately I have been going with either a tarp and bivy or bug bivy (depending on temperature and likelihood of mosquitoes). It works for me. Less than a pound for the whole setup. I usually don't pitch the tarp unless I expect rain. If I don't pitch the tarp I keep it handy to pull over me in case it unexpectedly rains. I often sleep on top of the bivy under the stars. In addition to being light weight the setup has the advantage of allowing me to camp in places where I might be run off if pitching a tent.

As far as backpacking vs touring. IMO the requirements are identical shelter wise and gear wise in general. The biggest difference is that you don't need to carry much food when touring since you can usually shop every day or at least every couple days.