I read a boatbuilder's forum as well and there was some talk on there a while ago about using ripstop as a finishing layer for fiberglass. I would expect that the fabric is available untreated and ought to be cheaper to buy that way.
Here's a pic of Big Mike's sidewall bowed from canvassing only one side. I don't recall if it pulled out when the other side was done, or if he made it that far.

He said the warp was more pronounced in person. I wouldn't expect nylon to shrink at all and would be lighter than canvas. Being so much thinner, it ought to cover more complex curves as well, though I would think you'd need to make relief cuts and darts (like with glass cloth) because it wouldn't shrink and stretch like canvas.
I haven't used either so I can't say for sure - just kickin the can around.