I'd buy a canoe stored like that.
The biggest threat to plastic canoes in storage is sunlight. The second biggest threat is having pressure up from the bottom in the middle causing it to oil can. Now, oil canning isn't even a problem except an aesthetic one, but it's still a threat. Storing it upside down in a barn ought to prevent both oil canning and UV deterioration. I'd say it's about perfect.
As far as becoming hogbacked, it's highly unlikely that the weight of the canoe itself will cause the canoe to become mis-shapen from storing it upside down by straps - especially not with Royalex. I've seen Royalex canoes tacoed on rocks when pinned in current only to return to a proper shape upon recovery. That's thousands of pounds of pressure from current. It's own weight isn't going to make a lick of difference.
- Big D
1 Canoe/Kayak Trailer
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