Thanks for that link.
OF COURSE, Wood will ALWAYS fall where it does the most damage. First rule. Get any equipment twice as far away as you think is safely out of harms way!
It would scare me a bit that the thing was home built. I would have put larger pads under those stabilizers. Maybe the ground is frozen. I want a lift, but falling from height is not the way I wish to die.
Funny, I had EXACTLY the same thing happen under the exact same circumstances with a rope. Five hundred feet or so from swing stage use, found in a friends garbage. I thought it was ROTTEN, but maybe not. I was going to throw it out because I don't trust it anymore.
TO him, it might be more useful as a mini dump truck as he does construction. VERY SMALL payload though. To me, the lift would be more valuable.