I've had similar problems with Orvis Waders - tailwater XT's that leaked after 2 weeks. I traded them in for a pair of Pro Guide 3's that leaked in about the same amount of time. Sent those in for repairs and they came back with over a dozen spots of aqua seal (all on defective seams). They...
Not sure about the product itself but I recall reading that Cloudveil was getting out of the fly fishing gear business. I just checked their website and there's nothing fishing related on there. That probably means that if you have any problems or need to return them you won't get much support...