Ok guys here is a couple of pics. I made two 7' tall stands out of the following material
2x2x7' treated lumber(only a few more bucks a each and they were much straighter than the ones that were not treated.)
gate hinges
two 7'5" sections of fence pipe 1-3/8" with end caps(originally)
clevis to hang from hinge to hold up bar
two JRB straps with I think they call tri glides that I took off of a hammock suspension
and here is what I got. :D
http://img.photobucket.com/albums/v4...083707copy.jpg
I thought I was around 240lbs but went inside and found I am at 250#. Ran to Lowe's and picked up two 6' sections of 1" black iron pipe and one coupling.
http://img.photobucket.com/albums/v4...5-16091704.jpg
Here is how the hinge area is situated
http://img.photobucket.com/albums/v4...-39-33_803.jpg
The tarp on top of the pipe(going to have to go with a shorter length tarp but I can make this one work for now)
http://img.photobucket.com/albums/v4...-39-22_411.jpg
The view from within. :D
http://img.photobucket.com/albums/v4...-40-27_606.jpg
Overall it was fairly straight forward but the main difference I had to do was add a couple more feet to the line tension on the legs. With 10' of line it was still pretty wobbly so I added 1' then tried it and then added another 1'. Now it's pretty steady. I'm leaving for AK in a couple weeks and plan on carrying these with us in case we stay in a campground without the trees needed to hang.
I'm going to carry the stands to a hang this weekend and if happy with them I'll likely build a second one for my son(who is only 11 so the fence pipe should work for him). Thanks again for the help everyone!!!!!! I love that I can now hang in my yard wherever and whenever I want. :)