Okay, after all of the great talk about the pad in the hammock, I'm thinking maybe the under-quilt on the outside and a quilt over me on the inside are the best way to go (great to be worried about this in August).
My current tarp set-up is a Cat's Meow sleeping bag, eight sections of Z-Rest, and a large 2-mil plastic groundsheet. The sleeping bag is three pounds on the dot, nine ounces for the pad, and ten ounces for the groundsheet.
That's about four and a quarter pounds. I figure with two quilts I won't need a pad (for normal three-season camping) and I obviously don't need the groundsheet anymore.
I figure the quilt on top of me will be closed off at the feet, so I won't need the underquilt to be full length, say just from my shoulders or head down to my butt, maybe a bit farther.
Also, I don't do down, so this all has to be Primaloft or 3D or whatever.
Can I get away with this for four pounds or less? I know there are a zillion plans online for quilts that are light, but all the under-quilts I've seen have been down. I'm guessing it's maybe not that hard to make one. I have plenty of equipment sewing experience. I'm guessing I can possibly just make a quilt that clips to the four points of the hammock with a slit for the entrance. I'd probably rather buy one though, or at least make one from a kit.
I have a trip the first week in September. I'm guessing no solution will be done before then, so I'll test out just using a pad