I asked a similar question relatively recently, here, although I was asking for feedback on the relative merits of what you call Toss's chain splice (I call it an "extended splice" i.e. splicing the strands of the rop einto the links of the chain) versus the "tapered back splice" (where the strands of the
rope go through the last link in the chain and are then spliced back into the
rope, tapering as you go.
The relevant thread is here:
http://www.cruisersforum.com/forums/...ain-40591.html
What I gleaned from that theread is that either splice will
work effectively, neither is a sufficiently clear winner to be an obvious choice, some people prefer one, some people prefer the other.
In the end I chose the tapered backsplice (aside from the lack of consensus from the thread, it was what was recommended by the
windlass manufacturer). I did the splice myself, but even so it looks neat and tidy. It seems to run through the
windlass fine without any problem. I'm pretty sure that the extended splice would have worked too, so go with whatever you feel comfortable with.
Tapered back splice: