Thanks everyone! I've found there is a near-dizzying array of choices when it comes to bar bags and storage options these days.
The Ornot was on my list, as well as many others including Outershell's Drawstring Handlebar bag (i found at least 3 cottage industry makers just in the Bay Area, my home state, which was nice too, and my buddy just received the Outershell bag), plus Wanderlust's Pinon Pocket (great email correspondence from WLG). Ortlieb's Ultimate 6 model as well as the nicely priced Banjo Bros QR bag both offered a nice out-there spacing with their mounts and QR, plus cue sheet holder, which seemed cool overall. For full waterprooofness, the Ortlieb accessory pocket could stand on its own as well as attach to a drybag roll for future bikepacking shenanigans. I could see myself buying another bag, just to mix things up a bit, maybe combine with my buddy, and together amass a few bags for our own online video review... just for kicks.
And I had considered one of those extension gizmos to separate the GPS/headlamp from the bag mounting, but in the end decided to keep it more streamlined.
After receiving an REI gift card from mom for Xmas, that narrowed it down to the Ortlieb Ultimate 6, Ortlieb accessory pocket, and the Revelate Designs Yakataga or Egress. RD suggested the Yakataga would NOT be easy to access while riding because of the heavy duty near wetsuit like waterproof zipper. So I went with the Egress, mainly because i liked its looks and it was there in the store, no waiting for delivery. So basically, it was free. Thanks, Mom!
Now, use of the GPS/headlight was a concern. Many bags seemed to conflict with the mount. Without going to an extension bar mount, i tried to envision how they would work. Plus some email exchanges with companies like Outershell, RD, and Wanderlust Gear. I was also hoping to find something which i could access while riding. I don't race, so in the end, i determined the one item i would want quick access to would be my iPhone for photos. And i also decided using a jersey back pocket or the frame bag would suffice.
The Egress holds a surprising amount of stuff. I had arm warmers, a windjacket, banana, wallet, and extra gloves, and it all fit fine. You cannot access it while riding of course, with the roll top, but i find that's ok. My buddy and i take a lot of breaks on rides and there's plenty of time to unroll the Egress for things I really need. We don't really race (by the way, I'm finding a lack of 30-50 mile gravel RIDES, they all seem to be races from 50-100 miles! lol).
Here is my current setup.
My Wahoo Bolt is not tightened down all the way. With sufficient pressure, I can tilt it up to gain more clearance, but even that is not necessary. Outershell's bag is a really nice quality product, but its main feature, that drawcord that wraps around for stem, would conflict too much for my liking with the Bolt. My buddy is experiencing that right now.
The two main bags, Lone Peak Wedgie half-frame bag, and Revelate Designs Egress.
A third bag, Wolf Tooth Component's Roll-top Bag, is used on the bottom for stuff i rarely access. Small multitool, extra tube (for friends who still rides with tubes), tubeless repair kit, extra zip-ties and a couple of velcro straps). I used to be a Boy Scout
And that's it. For now. The Egress will work fine when I'm ready to move to RD's Harness for bikepacking.
Thanks for everyone's help and advice. There are many paths to take in outfitting a bike. Hopefully this will work for now.
eric/fresno, ca.