The designer of Pencott pattern was at the Moot a few years back. It is a nice pattern to be sure.
If a tarp needs a ridge line loop, it is far from difficult to add it if you have even no more than a needle and thread. Very easy with a sewing machine. I would not let that stop me if I liked all the other features.
What have I bought? Well, not today, but got some AEBL steel due for delivery today, hope to make my dad a carving knife (beef not beech) for Christmas.
Also, due Monday, is an order of fabric from Ripstopbytheroll from their moving sale. Some 1oz nylon for a tent liner, some waterproof tent floor material, but most interesting is the 1.1oz silpoly in A-TACs iX camo which I aim to turn into a universal tarp-of-invisibility one day.