going back to Bee's question about "fading popularity"
  i would say say like most good ideas the pack was taken
 to far..the less than a backpack..more than a fanny pack 
  ended up being not enought of one and too much of the other..
 it depends on your body shape and strength..the amount of gear
  and so on but i would go with a back or fanny pack and stay
away from a halfway choice...having said that i will tell you
  that one of my canoe buddys on long wilderness trips takes
  a waistpack with a belt and shoulder straps for his "day bag"
  it allows him to lift and carry a canoe without a backpack
 that would get in the way when i heaves the canoe up on his
  shoulders..