Soft Halyard or Line Shackle

[Brion Toss]

Hi again,
Lots going on here. I think I finally have an idea of the configuration you have been testing, and it explains things I was confused about. What you have done is to put all the load onto the spliced eye, whereas in the shackle configuration it shares it. That's why the shackle breaks at 120 to 150%, and you can only get, by definition, 100%, assuming that you make all the diamonds correctly, with no slack between them on either leg. I think it will work fine for some applications.
Otto's is a kind of inside-out version of this, with one Diamond and a series of eyes, the latter formed by Brummels. The spacing between the Brummels is a snug fit for the Diamond. I haven't seen destruction test numbers for it, but it should be about as strong as yours, with the Diamond being the break point in his case.
As for taking up on deadeyes, welcome to traditional rigging. All you need is a scored fid to jam in the bottom deadeye so you can release the purchase without losing the tension. Note also that this method has twice the pull as hanging the tackle on a halyard or separate pendant, though you might have a challenge making a hitch that won't slip down the standing part.
Finally, I think Amsteel is the wrong material for standing rigging; too elastic, too weak, and too much constructional come and go.
By the way, have you found Yippee slings yet? Also known as Loopies.
Fair leads,
Brion Toss