Yeah I saw the group report that stated the original ATHH V1 had problems with the cinch ropes, but I believe this problem was fixed in the V2. I also noted that the sharp edges on the S-hooks were machined away so to not be as abrasive to the fabric in the V2. Looks like the Chief might have noted your reviews and they made improvements to the new version.
It's interesting to hear that some people have had success with the stock travel hammock setup. Anyone else?