SPEAKING ONLY FOR SHELTERS
I carried the Mountain Hardwear Conduit SL 0 deg (600 down) for the first month or so, the thing was gravy. The only “problems” with condensation I experienced in the shelters was on especially cold nights, less than 20 I’d say, when the moisture expelled as you breathed would collect as frost near where you cinch the hood tight. It was pretty cool and not an issue.
Also a little at the feet, this was during all temps, when I was wearing my socks inside my bag to dry them out. The socks were always dry in the morning and my feet warm. The foot of the bag would just be a little damp and maybe frosty. But if I was in bare feet, everything was good-to-go for me.
I had this same experience with all the bags I used, which were all $250 plus bags. That may have made a differance.
And yes, hanging something to block the wind/snow/rain would be to your advantage.
Hike it like you like it
Officer Taco