Ironman, do think a bit about this system. It is indeed good to get the point of attachment down low, for it effectively increases your
scope when anchored. But having no snubber is a bad deal with a chain
rode... in a bit of
wind and sea, as the chain comes taut it will jerk the hell out of your boat,putting a big shock load on all the components from anchor to the attachment point on the bow.
On our previous boat we had such an attachment point, and had a permanently mounted nylon snubber shackled on to it. Worked well, zero chafe, less
noise, better angles. The down side is that if you need to veer more chain, you have to shorten up on the
rode until you can release the chain hook, and that can be difficult under conditions where you might feel the need for more chain out. Further, should the chain hook fall off whilst easing out the last bit, it is hard to recover the now hanging straight down snubber, and since you can't keep some tension on the snubber during that process, falling off is more likely.
All in all, we didn't chose to reproduce that system in our
current vessel.
Cheers,
Jim