The traditional Hops trellises I've worked with are pole, cable and string affairs.
The poles are set in the ground and the cable is over the top of each pole (to be able to drop the cable they use pulleys along the tops of the posts).
They then use double twist strings and "tent" stakes as the climbing structure for the hops, to harvest they cut the strings by running a knife along the cable.
If you made your cable long
enough so you could lower it to the ground, you would have the system you are talking about.
I would think that by coiling the excess from raising the cable into place, using a cleat and a piece of rope to tie the extra cable to the end pole, you would be setup nicely for dropping the vines so you can protect them from the frost events.
Redhawk