I'm a longtime lurker of the forum but am doing my first long hike (Long Trail, VT) in the summer and became interested in Freezer Bag Cooking (FBC). Since some folks were curious if plastics leech into the food- here are some items I collected:
The short- it should be fine. Don't make a habit of cooking all your meals in it for the rest of your life, but that's about it.
Ziplocks (and most other bags) are made of LDPE or HDPE (mostly LDPE). That is low density polyethylene. Here is the Material Safety Data Sheet (MSDS) on them both:
http://www.pattersonvet.com/msds/078408296
Specifically, "Ingestion: Not expected to be an ingestion problem; no first aid procedures are required"
This is why we use it for food and in microwaves. There are a number of other MSDS for LDPE that are more specific to different shapes and whatnot, but ingestion regarding them all seem to only be concerned with gastric blocking (like if you swallowed the whole bag).
I noticed online that someone got a written response from Ziplock on this and they said not to do it since the bags break down starting at 192 degrees F. That seems about right (my textbook says 220 F, but I imagine Ziplock is more concerned about their seams deteriorating first).
So there is my opinion. Take it with a grain of salt because this is the internet. heh.