See What You Mean; However...
I see what you mean, there was a lot of discussion on the question about the possibility of a failure. However, in looking at my installation on a 1-inch propeller shaft with about a 2-inch shaft log, it wouldn't be that big of a big problem if the entire unit failed somehow while under way. It would take some really creative thinking combined with some remote possibilities to come up with a situation that would cause a serious problem.What is a standard and known situation, is that after several years, as the hose looses it's elasticity, the setup begins to leak. Only a drop once in a while, at first, then more frequent drips. At this point just move the donut aft a quarter inch or so and you're good to go for the next ten years. After 13 years of serious use this is all I've had to do (one time) on my PSS seal.The pleated hose is built better than any 1.5-inch hose used for a sink drain. I'd be far more concerned about the sink drain hoses.By the way, this afternoon I checked the boat (which is in Puget Sound, a.k.a. rains a lot here) and the bilge was DRY, however, one of the ports had a port leak.When my boat was new the cooling water hose on the engine popped off and it was a while before we noticed it. My wife asked what that water was comming out of the side of the boat!!! (bilge pump) And in this case, if I didn't have the PSS seal, a running bilge pump is considered normal, so why check, right? Anytime I see water in the bilge I start checking where it came from so from this standpoint the PSS seal is a good safety item.With a dry bilge there should be a lot less corrosion on the ground wires and around the grounding bolt on the keel, another safety item.Recommend all skippers with new boats do a safety check on all their hose clamps for tightness.With a proper installation and reasonable inspection the PSS seal is about as safe as it gets.