I think I'd chime in here by adding my $0.02 and sharing some thoughts as well. You can certainly buy whatever hammock that you want, and getting off of the ground is often its own reward. However, if your concern is about cost benefit here's an option:

1. Make a homemade gathered-end tablecloth hammock. This will cost you around $20 and you'll feel like a million bucks every time you sleep in it. You can combine that with a blue tarp, simple bug protection etc...
2. Once you've decided on what features/options/etc... you want, look again. You may be able to save more than the $20 by buying used on these forums, even the WBBB's come up for sale from time to time.

When you're ready for option 2, you'll be much more informed, and be able to purchase exactly what you want and will have the wisdom of some experience to help you make that decision.