It is probably worth mentioning here that the Chihuly studio's packing methods are very well known in the packing community and they don't tend to be emulated for a good reason. Damage is frequent (although not as frequent as one might expect).
The Chihuly studio operates as a high-volume operation so when damages do occur they frequently have "spares" for many components. For this unique reason this packing system has seemed to suit their particular needs for many, many years now.
Museum professionals rarely find themselves in a position to take this kind of approach though. The exception for most of us would likely be when packing props or mounts that are also replaceable items. Peanuts certainly can be used to good purpose in the right applications but this particular situation may not be the best example of one.
Best,



Ashley