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The large black pulley looks like a Hexaratchet or similar. If it is, the pulley can be set to spin 360, locked with no spin or lock in one direction but spin in either just like a ratchet wrench.
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Confusing explanation (to me at least) Tom.
Let me try:
The pulley in question is a Harken Hexratchet. The little black rod you see on the side is a sliding pin which makes the pulley free wheel, or locks it into a racheting pulley. The pulley in ratchet mode spins only one way.
The inner surface of the pulley is beveled inwards so it kind of traps the rope within the deepest part of the pulley.
Look at the base of the swiveling attachment point where the clevis is. See a little screw in the body of the pulley? There is a screw in each side which when tightened, locks the swivel part of the pulley so it doesn't swivel.
It is a little hard to tell from the pix supplied by country boy but it appears that the clevis he is using is the stock clevis supplied with the Hexratchet. That is a non-locking clevis which should be either tightened with a wrench, Locktight applied to the threads, or the eye of the pin captured with wire.
While I have the deepest respect for the Harken products, a climber should be very careful about adapting products for use as Life Support climbing devices.
This pulley is a bit bulky for my use. Pushing up all that hardware just seems unnecessary to me, and tiring as well.
Here are a couple of pix.
Frans