global hooks - once again

I have found a thread dated March 2008 about the subject, but there was no acceptable solution provided. Template directory doesn't seem to be interesting.

Is there a better way now?

If there is no better way now Is it possible to create a git config property specifying where the global hooks folder is and then look for hooks there first and then in the repo or vice versa?

For example, so i could say $ git config --global hooks.dir ~/git/hooks

It could even attempt to create the specified folder and create necessary structure in it like below if necesary /pre-commit /post-commit /pre-rebase /post-rebase

etc...

Thanks, Eugene