Dave, I think there is a failure of concept. You don't carry the thing in your pack empty, you put stuff in your can that you would carry, anyway, and it does not have to be food. You only need to put your food in it at nite, or if you are going to be leaving your pack by itself. (as people do at Trail Crest).
If you have the can fully packed, it really takes up very little room, compared with not having it.
I had a chance to talk with several pack manufacturers last month, and they all design their overnite packs to accommodate a bear can internally (by FAR the best way to carry it for most packs.)
I am also eagerly awaiting the newly released electrical bear bag, which protects the food with a small jolt of electricity. It has not gotten SIBBG testing, yet. Interesting concept.
There is also a new product on the market, the "Bare Boxer", which purports to be the lightest and cheapest ($39) can available:
http://www.bareboxer.com/products.htmIt is also conditionally approved.