Orphans make sense
It makes sense to me on a technical level but isn't something I would provide in an interface aimed at the general public. My inclination would be to have the default interface not show orphan annotations at all. The new york times front page is a great example. If things started to work, you would rapidly have far more orphans than anything else. Without the context of the annotation its hard to imagine these would provide much value. Perhaps this is something that could be added to a different, non-default view that provided some sort of historical perspective on the URL under consideration.
This argues for capturing a bit more of the context around any given annotation for preservation as part of the annotation. e.g. 150 characters up and downstream.