The bag will be filled with nitrogen/argon/helium before you pull it down over your head. When you pull it down, you will start to exhale CO2. The heavier CO2 will be purged down to the bottom of the bag by the lighter nitrogen, and out the small gap in the bottom(there'll be a tube going into the bag). You will be unconscious in 30-60 seconds. Any CO2 that hasn't been purged out the bottom won't be enough to cause hypercapnia (excessive CO2 in the lungs). You will be inhaling the inert gas.
I don't get why you would use a big sack instead of a smaller bag. The smaller the enclosed area, the easier it is to fill with the inert gas.
From what I saw going back over the thread, people used to recommend the Draeger EEBD hood, but then some people said there was no exhalation valve on the Draeger hood they got. I'm not sure what type of Draeger hood it was, have a look over the older posts.
If you go for the EEBD hood, just get one without an air cylinder attached, which they are sometimes sold with. (Some people here before have gotten them fairly cheap on Chinese shopping sites, one beginning with A in particular). Then all you need to do is cut the metal connection off the end of the EEBD hood hose, slot it through one or two hose clamps, then attach it to a gas regulator flowmeter, that has litre per minute readings. That regulator will be attached to the cylinder.
(Like I said in a post above, some people have used exit bags connected directly to helium balloon cannisters, without a gas regulator, but it's advised to use a regulator to control the gas flow).
The connections you linked above are not needed. When I went back over the thread, I saw that one poster,
@GasMonkey, found a way of connecting two brands of EEBD hood(one a Draeger hood, one a Scott ELSA hood) directly to a gas regulator without the need to cut off the metal connection at the end of the hood hose. He found a connector, called a coupler, that those two types of hood hoses could be directly plugged into, and then the coupler can be screwed onto the regulator. So it avoided the need for any cutting of the hose.
The hood hose, with the end connector cut off, and connected to a gas regulator with hose clamps looks like this:
View attachment 125900
Whereas a hood(certain Draeger or Scott hoods only) connected to the regulator with a coupler looks like this(no hose clamps needed):
View attachment 125901
Like I said, it seemed that the coupler connections you mentioned only worked for certain hoods. As well as that they were expensive, and seemed difficult enough to source.
From my point of view there's no need to go buying those couplers. Just cut the end connector off the hood hose, and connect it directly to the regulator with hose clamps. It's cheaper, and less hassle.