I was missing your faces so I thought this might be a good excuse to get some video action going! I mean, at least for one of us.
From the great WIKIPEDIA: A bug-out bag is a portable kit that normally contains the items one would require to survive for seventy-two hours when evacuating from a disaster, however some kits are designed to last longer periods of time than just 72 hours. The focus is on evacuation, rather than long-term survival, distinguishing the bug-out bag from asurvival kit, a boating or aviation emergency kit, or a fixed-site disaster supplies kit. The kits are also popular in the survivalism and prepper subcultures.