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That's crazy money, have a look at dd first, the one that's marketed as both hammock and bivvy might suit
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This is the one I thought I was buying.....turns out I got the wrong one. It's a fantastic hammock, and I've used the tarp alone, with the bike as support, but the one that converts to a bivvy with a couple of sticks seems ideal.....you would still probably need a sleeping mat though.
I've done loads of faffing, and a little, light, expensive two man tent is the most convenient, versatile way that I've found......but if I was going solo, it would be the hammock thing, all day!
interesting to hear that about needing a few nights to get used to it. I guess it's the kind of thing you won't know if it works for you until you try it (much like my experience with the sleeping mat).
looking at something like the hennessy hammock explorer ultralite the whole thing will fit inside the snakeskins, tarp included. if you stick some clips/carabiners on the suspension you can hang the whole thing from the tree huggers in a few seconds, then just pull back the snakeskins to unfurl it all, adjust the tension on the straps as desired, stake out the tarp on 4 corners and you're done. from the videos it seems the hardest thing is getting the hammock tension right which would come with practice.
looking at available options I could replace my 2 man tent, pad & mummy bag with a hammock, tarp, top & under quilt and still save weight and ditch the pole bag which is easily the most awkward thing to pack.
having two setups might be handy for getting out with friends who are keen but dont have any kit, there's that tradeoff finding places to pitch both tent and hammock as stedlocks says but if you're the one organising the trip and providing all the equipment the other person is probably going to be less opinionated about where to camp.