Again, I want to repeat that climbing webbing is less than ideal for hammock suspension. While climbers consider webbing to be a "static" component of the system, in fact nylon webbing does have some stretch to it. For hanging a hammock, you want the least stretchy material possible. Dyneema, spectra, or polyester webbing are the way to go.
If you have to settle for nylon, it's better than nothing, but you might have to adjust your hammock after you've laid in it for a while, to compensate for the webbing stretching. Nylon doesn't "hold" the stretch, so this might be something that needs to be repeated every time you hang.
Nylon webbing is used for anchors in climbing, it's not too stretchy ... not sure that it would be a concern. Dyneema, spectra, technora are indeed better, but raw, high-tensile strength materials such as the ones aforementioned DO NOT hold knots very well. In climbing, they are usually sewn into slings because of this. However, a decent climbing shop will sell high-quality Technora or Spectra cordage with a polyester sheath. Personally, I think cordage would be easier to deal with than webbing.
This one is rated to 5000 lbs and it's only 5mm in diameter. I have about 20' of this stuff and it's pretty awesome and very light given it's insane strength.
http://www.mec.ca/Products/product_...older_id=2534374302691499&bmUID=1270708870318