Love the universal language of the cartoons; taking mental art notes!
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This isn't my game; so been holding back.
But my most immediate answer to self, remains:

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i think this doesn't so much deform Standing Part tensions(as Bowline/Over Hand/ HH based lacings etc.);
but rather friction hitch type grab S_Part,
in several places, for most 'pure inline' mantra type architecture to S_Part loading.
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Also, i've always thought it imparts some dynamic round/rope characteristics to the static flat/web device.
In round, i think the amount of extend-ability, compressions on self, slips etc.
and the amount of internal rope work/frictions that it takes rope device to perform ,
consumes/ballasts/neutralizes some of the dynamic loadings.
In this size web and construction (not 4" wide flat web),
i think we can make the flat support device to a round device on end;
imparting some round device qualities w/o deforming it's flatness.
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i do see later that also wanted 1 leg to hold and this can be slippery,
but the basic construction still has some merit i believe.
Also, if we can make termination strongest part of line thru shared loading,
break at loop logically starts getting ruled out, except as wear point.
Pile Hitch gives more legs to connection than many other.
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Dynamics more of a concern i'd think if the only flexible device in system;
with anchor extensions to web, carabiner, then dynamic line/link,
rope shock absorption would shave peeks off of dynamic hits to rest of system i'd think.
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i think because slip design doesn't immediately seat to krab shows :
A> 2 legs of support/1 either side of krab, without bending S_Part(more long splice-ish)
B> this takes work to seat, that uses up some dynamic force to do so.
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Similarly, in Pile Hitch context, i'd always prefer Dbl. Round Turn around S_Part before final anchor of bight on host krab/post
6 legs to connection, upgrade beyond slip of single Turn on S_Part, and final bight more likely to aid support now,
rather than primarily deform S_Part; can flow more with S_Part.
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Once again i think this too works from theory of not deforming S_Part from pure_inline
Not using single/simple Turn that deforms S_Part only, doesn't give support;
upgraded to Round Turn or more, can now encompass, compress on line
will join/grip S_Part more than deform
so seems to be able to give extra legs of support for stronger connection
especially when witnessed when hitch doesn't 'scrunch' down to connection/hitch floats.
http://igkt.net/sm/index.php?topic=5630.0http://igkt.net/sm/index.php?topic=5723.0Or something like that!