If looking for a light weight rig I would nix the Oxycheq. Oxycheq makes a good product and I own 2 of their wings. The problem is that it does not pack small because the shell is coated with something. If looking for a tropical travel wing I would go with the Mares, DSS (used LCD), or something that packs flat. I would contact
DGX about their wings and ask them. The advantage of their wings is they have long slots and can accept any plate.
VDH may be another good wing choice.
Speaking of plates Mares makes a soft plate and I believe the Oxy soft plate will match up with a DSS. As mentioned the DGX wings work with almost anything. If you want a hard plate
Piranha sells an inexpensive plastic plate and there is a seller from China selling an
aluminum dog bone plate that should be pretty light.
For hardware you can use
OMS aluminum d-rings or the less expensive plastic ones from
VDH.
For regulators I would go with the Microns and flexible hoses. I don't own Microns but I do have the older Micras and like them a lot. Alternatively, you can go with a heavier second stage and go with an Air II. I know some people don't like it but it will be lighter.
For fins I would go with Scubapro GO or Aeris (Oceanic) Accels.
For exposure protection something like lava core would be the lightest.
My recommendations may not be the lightest or best performing, but it is what you can get at a reasonable cost. Titanium regs would be better (Wookie is selling some) and the Haclyon Explorer wing and CF plate would be very light but they all come at a high cost.