I think you may have misunderstood my point.
I agree with you that a brake or other back up that doesn't rely on the alternator is a good idea. For most machines the alternator is perfectly capable of doing the job but you have no back up if anything else fails.
I can't see the point of devising a complicated eddy current brake that will only slow it but not stop it and have this back up relying on coils and circuitry and wiring that could fail at the same time as alternator connections. If this was a simple and cheap brake then I would agree but for something more complex and costly than the alternator it seems not to be going in the right direction.
Probably to keep speed under control but not actually stop the thing, tip flaps as used on many larger machines may be the way to go. With your projecting rear shaft you are ideally placed to make a mechanical brake that would be much less costly than the eddy brake and you could use it to hold it stopped.
You make a valid point about large commercial machines but in that case so much depends on these back ups that it doesn't really matter if they do cost a fortune and they also have a full maintenance and test programme to make sure the things stay in working order, small machines rarely get any maintenance until something is obviously wrong or has failed and also a one off brake design will not be tested and proven in the same way as the brake on a commercial machine.
I hope you get it to work but I suspect you under estimate the complexity of something needed to absorb the full force of a runaway 10ft machine in a storm and dissipate it as heat.
Flux