You didn't ask how he knew the new screen will work? If it's because they are now building them with tilted fabric, and are otherwise trying to dump older stock to unsuspecting or non-LCD owners, that's too bad. I believe that the failure to tilt the fabric from the very beginning was pretty much straight up stupid. Factor in just a tad bit more to overall cost (it still will be an extremely competitive price, I really do mean just a tad, single digit %, maybe low single digit), and the rest will be more than accounted for as far as shipping costs, customer service hours, and whatever else. Maybe it's a combination of both tilting, as well as an upgraded weave. I sure would have picked the heck out of his brains, if it was me. Can you tell if your current screen is tilted or not? Anyway, fingers crossed indeed.
Regarding Seymour builds, there are at least several members who are currently or were at one time very active at AH that have built one, and then there are probably several more who were only here rather briefly. There are two sets of instructions, right? Read both of them. IIRC, one used biscuits. Mine uses splines, if I have the terminology correct here. Basically a little dado was routed out at each corner, then just a little straight piece of wood was glued right at the joints. It wasn't even perfectly flush by any means, there was space, it was done free hand and a bit messily, but strong enough nevertheless.
My friend did the dados for the entire outline, because he wanted that I spline the screen in, just like the mesh on a window screen, using the same tool. We tested my sample, to get the right size of spline and dado, but when it came to me trying to install the entire huge swath, I finally gave up, and used a staple gun. I literally had bloody knuckles (and put gloves on just as much out of fear of staining the fabric), it wasn't like I didn't try. GO-NAD thought I/we were kinda nuts for trying the splining to being with, and it only convinced him all the more to stay with the staple method. Anyway, there is also a Seymour thread in the screens forum over at AVS, you could probably browse around a bit there. Maple seems like a good choice perhaps for you. Some people use poplar too I think. Metal (? I think that's what basspig used ? edit: I bet I'm wrong about that.). Mine was Philippine Mahogany. Maybe metal is the best for hanging, I don't know.
Depending on the total costs, time/equipment/money, maybe it's still worth it to check out a Jamestown fixed screen ordered with the Seymour material. You know if you're out a couple hundred dollars more than with full DIY, maybe that could be a nice compromise for you, but the thing to figure out is if it would be easy to modify this screen to be hung up. Maybe an email is in order. Ok, I look back at the other thread where the OP finally investigated my suggestion, and she said she paid $550 shipped for 100". Post #20 below.
http://forums.audioholics.com/forums/beginners-audiophytes/83927-your-female-newbie-back-finalized-selections-please-comment-2.html#post946437
But more than anything, make sure people who know better think this nutty idea is even worth investigating! I haven't seen anyone do it yet, and maybe there is good reason for that.
In either case, I was thinking about the brackets and being plumb. I'd try to have the "hooks" as perfectly centered above the center of gravity if you know what I mean, so that there is minimal chance that the screen will want to tilt away from being plumb.
[strike]Finally, and this is a bit of experience talking here too with my first screen, I will advise right now to have all equipment in hand, namely all the brackets, hooks, etc, before deciding on final screen size. If you try to go for the gold and get the biggest possible that will fit flush above speaker, and all the way to the ceiling, you might find it is too big, simply because that the brackets/hooks/whatevers are just bigger, longer, etc. You might find small pieces with only one hole, but as soon as you start picking things with multiple screw holes for security, well your screen might be hanging lower than you originally planned on. Like I said, a bit of experience talking there.[/strike] (another edit, duh it's AT, ok nevermind lol.)