Yet more hanging bed inspiration

Seriously, I don't know what it is with me and hanging beds, but I want one in the worst way. Well, clearly not bad enough to actually go out and buy one, but you know how it is. This one looks very DIYable, however, and DIYable inexpensively. It's Le Beanock by Tracie Herrtage, a former model-turned-sailmaker-turned-welder-turned extremely awesome furniture designer.
This is more couch than bed, but I think it could just as easily be made into...