I have skidded a bunch of timber with a 24 hp SCUT and a receiver hitch adapter on the 3pt. I have a short (12-24") telescoping boom lift arm that pins to the top link connection. Has worked well for what it is.
I'm also considering "improvements" to this set up, by adding a 12V electric winch to the boom arm, and a pair of feet on the draw bar to help anchor the tractor while winching.
I know it won't be as robust etc as a PTO winch, but............ Hope to have it all come together for a LOT less $ than a dedicated logging winch.
What ever works the best for the situation is the best to use.
Good luck