Putting a wider bumper on to "protect" your tires is kinda like disconnecting your driveshafts to protect your diffs.
People have been repeating the mantra of "Wire rope can cause lots of damage or injuries from the stored energy as it whips about." For years and years. But every incident I have been involved with/witnessed supports every controlled testing of this that I have come across... It just ain't so.
As a very basic rule of thumb, winch cable will stretch about an inch for every 100 feet of length, at breaking load. That is not "storing" all that much energy, nor will it create significant "backlash and whipping". The most common reaction of cable I have seen when it snaps is that it starts with a single strand or three and the casdacing failure that follows results in an unraveling. I have never seen a steel cable "whip" just from breaking. I have has one fail as I was standing over it. It was kind like the opposite of a snake straightening out from a semi-coiled position. But it did not actually move that much and other than the surprise, it was no big deal.
Compressed vehicle suspension systems can store energy. Loaded booms and such can store energy. But cables really don't add much to those situations.
Synthetic rope does have some advantages over steel cable. It is lighter, it is more flexible, it floats, it does not kink and bend and damage itself when wound sloppily under heavy load, it does not have little broken wires sticking out to cut and snag as it ages.
Steel cable has some advantages over synthetic too. It is much more resistant to abrasion, it does not deteriorate under sunlight and it will accept abuse much better. Handled properly (and even improperly) it will long outlive synthetic.
All in all, for most of us, Synthetic is a better choice for our off road usage. But steel is still a viable second option and in more limited situations can still be better.
Mark...