This is nothing more than a mighty comfy hammock. It includes Layflat pattterning which gives you more of a "beach chair" posture, as opposed to the "hammock slouch" you get from traditional hammocks. Now you can actually see what's going on around you, whether you're in your backyard or at the beach.
The Cloudview also provides a pocket to store things like keys, as well as a cup holder to house your tasty beverage.