you nailed it buddy. Just make sure your O ring or whatever is in the larks headed amsteel. thread your webbing through the end hole (which will be sewn in usually from whatever vendor you buy from.. or you can sew your own) around the tree, thread through and you're rocking and rolling.
Side not- I did not care for the cinch buckles that came with the WB Traveler w/ webbing suspension. Sometimes they got so tight it was just a pain to undo, especially when cold. You don't normally want to, but sometimes your quilt is just too close to that mud under you or that grade you're on is screwing with your suspension coming through your tarp doors or your trees are too far apart for your tarp ridgeline to hit the appropriate sag.
But HYOH, different strokes for different folks