Interesting discussion of which I had not given much thought. Up or Down inquiry not withstanding, the fact how the anchor is controlled in the down position is novel to me.
On all the larger boats that I have been associated with, tugs, sainers, and larger OP boats, the anchor down if not just free fall, a banded brake drum was employed.
Being a small craft, dropping the anchor has never resulted in the fears that Marin has discribed. that it is an anticipation and planned for is smart using the methods discribed.
Learn something everyday!