It didn't actually break, it came loose from the towplane end. It happened at 800ft tho, so it was no big deal. I did manage to hang on to the rope and drop it back on the airport so we could find it and not do any damage with it. Got it on video for you all to see.
http://www.youtube.com/watch?v=6zsGcburRP0
http://alturl.com/bdmwy
Boggs