Jerry, I think you are right that the longer center of panel would help deal with the stretch issues if you have bias running down the ridges, in that it compensates for the difference in stretch. Ideally, when set up taut it would look like you don’t have that extra length, as the ridges would stretch just the right mount so that the bottom edge from corner to corner becomes a straight line. But hitting that ideal would sure be tricky, and I haven’t experimented with that, just thought about it a lot.
And one other factor to consider here is stitching and thread stretch/strength and how that affects this. If a seam does not stretch like the fabric does, it’s hard to get the panels taut. And if a thread and seam combination has different enough stretch characteristics from the fabric there is the potential for the thread breaking as the seam stretches. how much of an issue that is in real life I don’t know.
What I do know is that back in 1984 I had one of the first Megamids – mine was under the Chouinard brand, prior to black diamond being spun off of Chouinard Equipment – and it was made with a very stretchy light ripstop, with ridge seams on the bias, and was nearly impossible to pitch taut. With the supplied pole you could not get the peak high enough to do it, and if you extended the pole by setting it a a pile of rocks or something you had to get the centers of the panels more than a foot off the ground before the ridges were taut, and no way could you eliminate wrinkles in the panels. that was a shelter and a fabric that would definitely have been better off with ridge seams following the grain of the fabric.