I have quite a bit of experience running a small knuckleboom loader, and this size loader is kind of what I am trying to copy.
PW TC 407 Kershaw Tie Crane with Push Car and PW TC 315 Not as big as a log loader you would see in a big logging operation, but just a little bigger than the Farmi, Anderson, etc, forwarder loader. Your questions are valid. I would think very rarely would I ever have a reason to try and pick up a large log at full extendsion. Normally at full reach, you would grap one end of a log and as you raise the root boom, you would retract the dipper boom, getting the log close to the loader before actually lifting it all the way off the ground.
I have a couple of reasons for wanting a long boom. One, developers often push out a new road and leave the timber laying just below the road. I need a boom long enough to reach those logs. Another reason is a lot of the loggers around here dont have loaders on their trucks. They load them in the woods, and unload them at the log yard. I need something I can reach the logs on a loaded big truck if I want them to deliver to my yard.
Looking at the loader in your pic, you can see the booms are pretty small material. Short, the one in the pic probably not over 9-10 ft. My trailer bed is 8ft wide, a 9ft boom will only allow me to reach about 5 ft past the trailer, a 16ft boom allows about 11ft reach. Of course any boom I have ever used always seemed to need about 2 more feet added to the end of them, but I have to draw the line somewhere.
As for weight, a red oak log, 24in in dia and 14ft long will weight around 2500lbs . I am building my processor large enough to handle a 27in log. A 27 in dia red oak log 14ft long will weigh 3100lbs. A cord of red oak will weigh around 5700lbs. One 24in log and one 27 inch log and I'm right at a cord. Of course, I dont expect every log to be of these sizes, and I dont expect to load 14ft stuff of that dia with this loader. A 20 in 14ft log, weighs about 1735lbs and I think most of my wood will be under that size, but if I build to handle the weight of a 20in log, then the rest of the stuff I dont have to worry about.