Lets disect the issues that a full floater can solve.
Brake knock back, this can also be solved with a floating caliper.
Excessive bearing wear or failure, a wheel with a centerline that line up with the centerline of the bearing can greatly reduce the moment load on the bearing, increasing life.
If you brake an axle your wheel will stay attached to the axle housing. I doubt any of us will brake a good alloy axle with 200 treadware tire, even with 1000hp and drag racing. You will just not have the traction to hook up the 7000ft-lbs of torque required to break a moser 31 spline axle.
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