Hi all,
Mark Twain said, "If a cat jumps up on a hot stove, it'll never jump up on a hot stove again. Of course, it will never jump up on a cold one again, either." I like Sean's system approach of seeing component characteristics in the context of the job, rather than fixating on selected variables.
As a note from the sailing side of things, Nylon is indeed capable of absorbing energy, which is why it is almost universally used for mooring and anchor lines, but it is also fabulously vulnerable to chafe and UV, and will abrade/melt itself internally under heavy loads, notably where it passes over things like blocks and fairleads. And because it is elastic, more of its length will rub on these surfaces, exacerbating chafe and heat.
Regarding UV, recent tests on some roughly 10-year-old nylon in the Chesapeake showed strength reductions down to about 1/3 of original. The line was lightly used, and didn't tend to break at chafed spots, but where sunlight had the most effect.
Other than that, there is such a thing as too much elasticity; sure you just absorbed the shock load, but did you also just launch the object off on an interesting new vector? That's why I love to watch someone who is good at managing drops with a dynamic belay, using a moderately elastic line -- they take the energy to zero. Very Aiki.
As for the Spectra saddle bridge, the run is too short for elasticity to matter one way or another. It seems that what you want there is utter strength, as well as abrasion resistance.
Fair leads,
Brion Toss