We 'coil' 1" and 2" webbing that way, the chain works great for that.
Wire and rope - nope - do it the old fashion way. Coil and untwist as you go.
Air lines and hard to coil stuff.
We use a figure 8.
Lines are 'coiled' on the ground in a figure 8. Once done the top and bottom of the 8 are brought together and secured with velcro strap etc.
The beauty of this is when ready to use you lay it on the ground and open up the '8'. The hose will pull straight out with no hackles.
We've done 200-300 foot sections of diver surface support hose and comm lines like this. There may be 3-4 items tied together in the bundle (air, comms, hot water, video etc) and this allows unimpeded running of the lines.
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