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IMO the breaking load should never be a # to even consider. Working load or safe work load should never be exceeded, and #'s are for a straight pull. SWL will be substantially lower if load is not a straight pull. I also agree with the use straps over chains whenever feasable. I would only use chain for winching if I had to use my hi-lift for that purpose.I thought that the working load was rated at 1/3 of the breaking load...
Thought that was some ANSI spec...
The thought of a 20 foot chain breaking with 4000 lbs on it is real bad...
I like straps. I guess I've just had a lot of good luck with them. I do end up killing them after some use though, so I try to go big.
I carry 2- 30 foot 3 inchers, and 1- 10 foot 3 inch tree saver at all times. All are rated at 30,000 lbs, none have hooks.