Hey Colin,
I posted this on your Facebook wall
Nice Colin! Any testing data on that stitch configuration? I'm wondering what the potential is for the lower carabiner to be side loaded in the case of the cinch blowing. Pretty minimal chance of the Cinch failing, but if you are going to back it up, then you should configure the back up in such a way that it does safely and effectively back up the system. Making that eye a tight eye would do the trick. Also there is potential for a fairly significant shock load in the case of the Cinch failing as it is set-up. The slack would be my concern. What about adding a prussik above the Cinch that was connected to another eye stitched in the sling above the lower carabiner. Tie the prussik, clip it to the eye, slide it up nice and tight. Just thinking out loud. I'm liking the beginnings with what you've come up with.