How bad a flooded dry suit is depends on the water temperature and the quality of the undergarments you have -- one of the reasons high end undergarments are as expensive as they are is that they are designed to remain warm when wet. In general, in water temperatures like what you'r'e describing, you would want to end the dive if you got really wet, unless you had to do a deco obligation (which is why long deco obligations in very cold water are to be considered carefully). Most of the time, though, you don't fully flood the suit. You just have a leak that will result in a wet arm or leg, which is a nuisance and does decrease your comfort, but isn't usually a disaster.
Neoprene suits are intrinsically warm. They require less undergarment. But they have buoyancy swings, are less insulating at depth, are heavier, take longer to dry, and generally can't be fitted with latex seals, which means no dry gloves.
Laminate suits require undergarments, but you can, as has already been discussed, change what you wear under them for the water temperature. I wear just a base layer in water in the 80's, a base layer with a Lands End fleece sweatsuit in 75 degrees, 200g Thinsulate in the high 60's, and my full-on multilayered individual down sleeping bag undergarment setup for water in the 40's. Laminate suits dry very quickly (how fast depends on how smooth the outer material is) and they are lighter to pack for travel. They can be fitted with neoprene or latex seals, or rings for user-replaceable seals.
Neoprene suits are intrinsically warm. They require less undergarment. But they have buoyancy swings, are less insulating at depth, are heavier, take longer to dry, and generally can't be fitted with latex seals, which means no dry gloves.
Laminate suits require undergarments, but you can, as has already been discussed, change what you wear under them for the water temperature. I wear just a base layer in water in the 80's, a base layer with a Lands End fleece sweatsuit in 75 degrees, 200g Thinsulate in the high 60's, and my full-on multilayered individual down sleeping bag undergarment setup for water in the 40's. Laminate suits dry very quickly (how fast depends on how smooth the outer material is) and they are lighter to pack for travel. They can be fitted with neoprene or latex seals, or rings for user-replaceable seals.