I use snakeskins (homemade, same size as HH #2) on my tarp. I never liked the idea of wrapping my hammock up with a potentially wet tarp, though. ... The only solutions I would consider truly viable would be a GOOD dripstring - compressed across the whole girth/width of the support - or a buckle/ring suspension which would eliminate the problem altogether...........Use your HH skins on your tarp and go a different route for hammock storage. My HH #2 skins were a bit too short for my BlackCat, but not by much. They'd probably fit one of Brian's tarps fine - mine is a bit longer.
Anyway. You did ask for opinions!
And thanks to all for the many responses/opinions. SSkins on the tarp instead of the hammock? Interesting!