I have a Nordisk Telemark 1 which they advertise at 830 grams, but with a couple of sensible extra pegs and guy lines is nearer 950 grams. I’ve only spent five nights out in it in the Highlands, and four of those were very tame weather for a Highland October. It coped ok with the one hostile night I had but it wasn’t extreme stuff! Warm nights bought more condensation than I’ve been used to but the stormy night vented it well and no rain came through. There was a bit of inner tent in your face scenario, but it was not as oppressively small inside as the original Jet Packers used to be. There again it is not as comfortable as a Hilliberg Akto, but it is a whole heap smaller when packed up than both those tents, and it is way lighter. Mind bogglingly small pack size…even!!
I found the trade off between lightness of packing for a four day self supported bike trip through the wilds with all my food etc, against comfort was good for me.
I paid just a tadge over your budget for mine. At the time I bought it THEY DID DO A TWO PERSON VERSION that was nearer the 1kg mark.
I think I’d need a few more hostile nights out in it to give it a total vote of confidence, but so far I’m impressed.