I just got my first drysuit and I'm looking for advice for the best undergarment for diving in NorCal. Water temp is usually in the mid 40's to low 50's.
Something warm, thick and fluffy made from material that doesn't absorb water.
Polarfleece works well if you have enough, as would many other things.
Most drysuit underwear is 90% marketing, however in reality, there's no magic. The insulation is provided by the airspace between the fibers of the insulation, not by the material itself.
Thinsulate, for example is generally composed of PET, which is used to manufacture soda bottles. Soda bottles provide more or less zero insulation, while Thinsulate insulates very well. This is because when it's made into a mass of thin fibers, the air trapped between the fibers actually provides the insulation, not the actual PET material.
Buy whatever fits well, keeps you warm and doesn't restrict your movement.
Also, make sure it doesn't have a neck or cuffs that will get in the way of your drysuit neck seal or cuffs. Drysuit underwear is phenomenally expensive for what it is, and sensitive to fashion and marketing, so keep an eye out for discontinued styles and odd colors, and you can save a ton of money.
flots.