I have the same model Reduce Cold-1 the OP mentioned in 2017. It's great. Got it for only $5 or so at Kroger on blowout, wish I'd bought the other two they had.

Yep, it's heavy. But it's been a pleasure on long rides on the hottest and coldest days. Drinks will stay ice cold or hot for up to 12 hours. On my 30 lb hybrid I don't even notice the weight, and it doesn't feel like it adds much weight on my steel road bike.

There's no plastic insulated bottle from Polar or Camelbak that will keep drinks cold for more than a couple of hours in Texas summer. I usually freeze one completely with electrolytes premixed and save it as my second bottle. Usually it's thawed enough to drink by the time my first bottle is gone. But after a couple of hours even the second bottle is getting warm. And they aren't suitable for hot drinks on winter rides.

For summer rides I'll use a Camelbak lid/drinking spout on the insulated steel bottle. Can't squeeze it, of course, but I can still drink through the Camelbak lid. In winter with hot drinks I use the original lid and just stop when I want a drink of hot tea or coffee.