This is a standard roped access 'pull through'.
Yanks love over-complicating shit though - and getting stuck.
Assuming you are planning on doing Positive Vibrations on the Hulk, it's a pretty direct line and you could probably get away with a single rope (there's a rap off the top, but I don't remember it being that long?). It's notoriously stormy in the High Sierras though, so you've got to consider retreat.
Have you got the beta on the approach to the Hulk? Also, it's high enough to feel the altitude - worth bivvying up there unless you're v fit. The descent gully can have snow in it - we got away with approach shoes and the old trick of using rocks as ice axes to dagger your way down.. Should be reet in August, but worth trying to find out how much snow is up there...
We've purchased the 7.5mm 60m, I'll be very interested to see how it lasts / how much it stretches in a fall!