It is not accepted at the ITCC as a repelling device. There is no mention of it's breaking strength in the instructions and as I recall, it starts slipping around 1,500 pounds. It is also labeled for 10-11mm ropes, not 1/2". It was also designed as a belay device for lead climbers.
It has been used as a 'tie off' for SRT lines in the ITCC Master's Challenge. There is no back up required at the ITCC for this application, but in Illinois, I require a back up tie off. As far as a spar repel device, why not use a friction hitch backed up with an 8 or Munter. Then you can use 1 hand on the hitch. Gri-gri recommends 2 hands for use.