I’ve been doing some testing on the LineLoc V’s. They are not a good design. The V shaped grove wears into a U shape with as little as 2 feet of cord slippage, and holding power is reduced by over 80% subsequently. Also, at high loads the V shape cuts the cord much below its breaking strength.
When I did controlled testing, I could load up a LineLoc V to about 90 lbs and then it would either cut the cord (some trials) or slip (other trials). If it slipped so the load dropped 2-3 feet then the V shaped groove was entirely worn into a U shape and holding power was dramatically reduced from 90 lbs to about 10-15 lbs. It’s basically shot.
The problem is partly the V design that places the load on the plastic rather than back on the cord (like a LineLoc3 partly does) but also because the plastic being used it too soft and it wears at much higher rates than the plastic used in LineLoc3’s.
So they work when new and many folks could use them for a long time and not have a problem, but if you get slippage for any reason (e.g. someone tripping over the cord) then that LineLoc V is likely toast. Even under normal use, I wouldn’t be surprised if the wear of adjusting them substantially degrades the holding power over time because the plastic is so soft and the force is so focused. What I expect will happen is that they are fine for a while but wearing slowly with use. Then after moderate use they will have worn enough that they start to slip slightly under strain (e.g. wind) and then they’ll rapidly degrade from there.
I’ve been testing other options too. As far as I can tell, the only options for enabling lighter cord are using taut line hitches or cam cleats. You can also use a LineLoc3 which is only 0.1 grams heaver, and then use 12″ of thicker cord with that before connecting that to thinner stuff.