I've decided that elastic should be heavier than typically used. I've seen stressed-out elastic, especially around knots, and in flight it appears to reach its full length best I can see. I had troubles keeping a heavily weighted nose cone attached to a rear-ejection rocket, as though the deceleration still had a very high peak despite the elastic. OTOH I have had some pretty amazing recoveries that I don't think would have gone well without elastic, even using rather lightweight stuff. Anyway I think 3/4" sewing elastic could be preferable on rockets as little as 1 pound, rather than the 3/8"-1/2" typically used (wider is also usually thicker). HPR can still benefit from elastic, but yeah you're talking bungee cords, multiple thick bundles possibly. Since this makes it huge if also very long, use Kevlar for length. Sewing elastic has poor elastic properties anyway, it's equivalent to a short length of perfect spring plus a longer part of nonelastic. On the plus side, its breaking point is far beyond its elastic force limit.