Hmm. Looks like I very well could be wrong. Here's a photo with a Hennessy Tarp and Hammock.



@fietsbob, According to the promotional material, with the included hammock the product packs to 27" (a bit long) and weights 3.3 lbs (not bad). If it really would keep a hanger off the ground it would negate the need for a pad. An interesting concept worth keeping tabs on.

Here is a link to a review for camping purposes and mods done to accomodate a camping hammock. Handy Hammock Stand Review | The Ultimate Hang. The hammock community is chock full of born tinkerers. I'm sure some internet sleuthing would uncover many mods and ideas for using this product.