Hi Barry,
Sorry to hear of your keel strop calamity. We keep Tarakihi on a swinging drying mooring at Woodbridge in Suffolk which is probably more mud than the sand in the Camel, if my memory of Padstow etc is correct. I would have thought that it would take a lot of free movement of the keel to "saw" through the pin. We haven't seen any appreciable wear in the pin on Tarakihi. However, we have changed the strop (as per the boat maintenance instructions) every two seasons along with the keel eyes (just bought some replacements eyes from BSP Sailboats recently). Our boat handbook (August 2006) says keel rope should be 10mm. Perhaps if your keel rope is only 8mm the blocks were smaller on earlier models. When the keel is raised on the mooring (1 foot protruding), we keep the rope just tensioned so if the strop should fail, there shouldn't be a shock load on the tackle. If the bottom is hard perhaps your keel moves up and down as it grounds? Or else, the estuary chop makes it bounce even when the boat is floating. We have also replaced the keel rope every 2 years. However, perhaps we should also check the tackle more carefully this year and perhaps put a sleeve on the strop eye to prevent damage to the pin...!?
Lastly, I'm not really surprised that the keel remained down once the gear had failed as I suspect once more than 1 foot or so is protruding, any grounding will almost certainly put an uneven load on the keel which would tend for it to jam in the slot - similarly, the remains of your broken blocks might also have jammed the slot.
Regards
Chris Cobb
235/48 "Tarakihi"