Although I've never heard of any problems with the SM parachute attachment point, I thought that since the 1969 version comes with a big hunk of plastic to replace a paper shroud, I'd use it for the parachute anchor. I drilled a big hole in the top of the part so I could place a blob of JB Weld on the exposed screw eye threads on the inside. If I had it to do over, I'd go ahead sink the screw eye in as far as it would go (the threads would be completely past the other side of the plastic), since I have the JB Weld holding it from the inside.

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Mike Fields