Have you seen this yet?
https://ripstopbytheroll.com/collections/diy-kits
I think you should do a little of both. Agreed that's a lot of DIY to coordinate to be done well. Maybe DIY half and go with some setups that are slightly more expensive, depending on what you're saving w/DIY?. I do think the Hennessy's are your best value, but they're heavy for the Whites, no? And do you really need bugnets there? Maybe you do there, I just know I never use a bugnet in the southern mountains.
Double layers to accommodate pads is probably worth it, but isn't completely necessary. You'd save a lot just doing single layers, which is what the Hennessy's would be. If you go somewhere else for the hammock setup, BIAS is one I'd check out, as well as SimplyLightDesigns.
I use the SLD diamond tarp myself. Its $60 and the TreeRunner hammock is $28. Of course, this doesn't include tarp tie outs or hammock suspension, but that may be another good DIY project.
Another thought... You can save a little just by going with a $19 Grand Trunk hammock, which isn't a lot of savings over the SLD hammock I mentioned, but over 10+ hammocks it could mean affording some other stuff. I'm sure you can find the GT's somewhere online.
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