Only problem I see is that it will wear the paint off in about a month of driveing. OK if its never driven.
Wouldn't touch the paint using Footman Loops, there would be (4) short loops, (2) on each side, looped from inside the hood, to the inner fender seam via footman loops.
Yes the (2) long style would wrap completely over the top of the hood and wear down the paint, the (4) strap system actually replaces the engine side panels.
Ed
Like the picture below, but without side panels, and the footman loops would be out of site on the inner hood hinge.