I feel compelled to raise a safety issue, that I'm sure is going to go down like a lead balloon as usual:
Descending a single line on only a friction hitch is dangerous practice. Regardless of type of friction hitch. Normally the hitch will seize the rope and not want to move. If it is released, it can keep on going, very quickly, out of control.
This is why the rules for secured footlock state hands must be below the hitch, to prevent inadvertant release of the hitch.
Jeremy Barrell (a very experienced and accomplished climber)fell 40ft in such a way at the 1994 ETCC footlock event. Shattered a leg. This lead to the safety line being required for footlock.
There have been other similar incidents with the Footlock event in recent years, that didn't result in an accident, due to hitch/cord/rope combinations. This shows there are too many variables to make it dependable at gripping. Not to mention of the friction heat build up on, say, an 80ft descent!
The dynamics for DdRT are different and allowable.
All other work and sport at height respect the risks by not condoning it either.
I would never recommend it or allow it under my responsibility.
Please heed the warning!
Below is a link to an eventual relative discussion on the issue of friction hitches vs chest ascenders incorporated into SRT ascent:
http://www.treebuzz.com/forum/showflat.php?Cat=0&Number=130731&an=0&page=0#130731