Toph said..What's the purpose of the 'leash' I think he called it in that video


Don't really need the leash , just makes them easier to release /undo. These things are light as a feather and as strong as hell.
An example , a 9 mm softy has a safe working load of 18000 lbs and a breaking load of 26000 lbs , and probably 10 times lighter than the stainless equivalent .
We use them for jib sheets , halyards , and attaching blocks to pad eyes on the deck ect , just about anything you would use a shackle , piston clip or halyard shackle for you can use these things.
www.google.com.au/search?q=soft+shackle&client=safari&hl=en&source=lnms&tbm=isch&sa=X&ei=99sXUpSNGa-XiQe2qoHIBA&ved=0CAkQ_AUoAA&biw=1024&bih=672