What can I say, anything is possible. I guess he would not be making such statements if he didn't have good reasons to think it was possible.
Just because we've used to seeing no-limits done one way, doesn't mean there isn't room for improvement. There is tons of tweaking in ascent/descent rates, equalization techniques etc that no one has even thought of yet (except maybe him?
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Of course I'm sceptical, as I always am, but wait and see...I look forward to seeing this, or hell, any attempt that he makes, regardless of the outcome. With the exception of course of the outcome being a tragedy. So I wish him safe dives!
And then some meaningless speculation
-How fast is a feasible ascent/descent rate before water resistance and rippling effect become too much? I guess currently we are looking at 3-4 m/s? But with some clever sled desing, I'm sure it could be improved a lot...(similar to Umberto's "bullet" but better)
-I don't think a balloon type sled can achieve a fast enough ascend rate? Maybe some counterbalance or Murats "fisihing reel" type of contraption?
-From a breathhold point of view, it's entirely possible to do it FRC, and that would seem the most feasible option, provided equalisation is "taken care of"
-Like Trux said, below certain depths, even with air equalisation (provided there is air to even equalize with), the sled can, and should, go very fast.
-So it would make sense to start slowish, or normal, then as he hit's the deep part, go super fast, first part of ascent as fast as physically possible and then a nice slow ascent in the end, with a deco stop in apnea. Even with full lungs, that would minimize narcosis and dcs problems. That leaves me worried about co2 narcosis/acidocis...I guess hyperventilation would help, but I don't like it as a solution (even if the dive is easy in apnea point of view)
Fun to speculate, but I really don't know much about it, so...Even more fun would be to watch it happen