The "new" derating seems more reasonable.
Just a reminder, a locked brummell is put in to reduce the likelyhood of the splice slipping in a no or low load condition. It is not as strong as a properly done straight bury splice, although the name and appearance indicate otherwise. A properly done straight bury can be (in many tests) a couple percent stronger than the line itself, depending on the type of line. The failure location is almost always where the splice ends and a poor taper guarantees this spot, which Samson agrees with.
All this to say, I primarily use locked brummels on my boats and camping gear and this is a great application. Many people are using smaller and smaller line and many are splicing novices, which is great. It's a good skill to have. This is just a friendly reminder to pay attention to your application and use proper techniques for the specific line you are working with.
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