Chain Grabber Position For All Chain Rode

[kellmic5]

Hi Cruisers,

I'm looking for advice on my anchoring setup/procedure:

I have an all chain rode. I use a Sea-Dog chain grabber attached to a bridal leading back to port/starboard cleats. (like the image below.)

My current anchoring procedure: I drop the anchor. I let the boat drift back while letting out the appropriate amount of chain. I let the anchor dig in for a bit under the force of the wind/current. When I feel like the anchor has started to grab the bottom I set it by slowly engaging reverse. I increase throttle until I'm at about 50% and let it pull for about 30 seconds watching for drag. I then cleat off my bridal lines and lower the chain grabber onto the chain. I finagle the grabber until it slips over a link. Then I ease the windlass until there is a slight sag and the bridal is taking the load.

My questions are:

1) Is it okay to set my anchor with my windlass taking the load?
2) Is placing the chain grabber from above the chain correct. I've heard another cruiser describe engaging the chain grabber from the bottom and then easing out a good deal of chain so that its hanging down on either side of the grabber. My worry is that without any sort of retention device, the chain grabber relies on tension in the system to remain engaged.
3) Advice on any other aspects of my setup/procedure would be greatly appreciated.

Thanks for your help!