Bruce,
The OP asked about aluminum blades, but also asked:
So, is the material of choice wood? Or something else.
This led to quite a bit of discussion about wood vs. aluminum. To me the metal/skin discussion is not really off topic. I may have missed some mud-slinging or some such.
A metal blade that fails is more likely to fold back into itself first. In a three blade rotor the two undamaged blades will sit in the lower position and the failed blade in the upper position above it. Maybe in gail force winds the two blades can continue to spin, but it takes quite a bit of wind to get them to rotate in that condition.
Any blade failure is catastrophic and to be avoided. If one blade fails the resulting imbalance can sometimes create an even more dangerous and/or damaging condition. In the worst case bringing a tower down. A machine may "hang" in the position you've described, but when it fails (usually in high winds), it's far from this passive image.
I do think flexing of the blades is a normal, design intended, feature of most turbines. This is why IMO neither aluminum or metal, long-term, are good - or let's say better - choices. When I envision the perfect rotor its more like a glider wing(s). If the rotor is too rigid all of the stresses are transferred immediately elsewhere. The hub, bearings, yaw assembly, etc. all receive harsher treatment that impacts respective service-life.
~ks