That's pretty cool. My worry would definitely be the sagging.
I've done a couple of screens myself on the cheap.
I hit up Wal-Mart and buy one king size flat sheet in white.
I have one for my garage and I took a 2x4 and cut it so that it can be screwed into my garage door frame (on the inside) without problem. I then used a stable gun to staple the sheet to the 2x4 at the top and the bottom.
I can roll the 2x4 up/down to expose or hide more of the screen as I want to, and I screw the top 2x4 to the garage, then pull the sheet tight, and then screw it in at the bottom.
This is what I do at Halloween as I can do rear projection onto the sheet with good results.
I've also setup a portable unit using 2x2 lumber where I stapled the sheet to the 2x2s (top and bottom) and then built an A-frame to hold the pieces in place with legs front/back for support. The wind will blow it over pretty easily, but if I set something on the legs, it stays in place in a light breeze.
Still, not even close to the quality of a decent screen, most notably with the lack of a deep black frame to absorb any light spillover. Yet, these solutions are more than adequate for the casual projection setup and deliver suprisingly good results which are exciting for those who have not experienced front projection before.