thanks for the replies. some of you seem to have missed the premise of the thread i think. this tree was declared by a consulting arborist a moderate to high risk of complete failure due to signs of advanced root decay. i wouldn't hesitate to climb and rig it otherwise either. there is mycelial matting at the base and stained wood and according to the report the tree "is compromised by armillaria root rot". hence the title of the thread. i wouldn't have thought to back-guy it if the tree were sound.
the bend in the trunk information is interesting. my thought was that if there were advanced decay (no resistograph was done - a mistake i think), the stiffness of the wood might be compromised in such a way as to create that 4 ft section with a dramatically increased bend which i mentioned earlier. i don't know enough about white rot/brown rot and cellulose lignin and all that to say - just my thought on seeing the trunk. but even if you're right that the trunk has had this lean for a long time - it's still anchored by roots that are under seige by fungus. this unknown is what has me sketched out, not the fact of the lean (which will just make things more interesting and physically awkward in terms of positioning). i don't know how to quantify that risk, and so in the absence of data i worry.
we'll find out on tuesday i guess..