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Do I feel it was safe? yes, otherwise I wouldnt have done it. Is single engine IFR flying something I would want to do on a daily basis? Definitely not...Still, I wouldnt do it on a daily basis, because there's just too much there that "can" happen. I've had two total electrical failures and one engine failure in all my hours of flying, and thankfully, they've all been in day VFR conditions.
This is the conundrum...you feel it's safe, but wouldn't do it daily, as you feel it's not safe.
It's not a question of justifying it. It's simply part of the job I "choose" to do.
Risk is an inherent part of the type of flying I do. I accept that level of risk and have no problem with it. If that makes me a crazy outlaw pilot, so be it.
The amount of IFR flying I do single engine is vastly different from what some freight pilot out there in a 210 every night is doing.
I'm not denying at all that single engine IFR ops are much riskier than other IFR ops.
That's where, in my opinion, the judgement and common sense come into play. Is the job you are doing worth the gamble you take if you are having to do it IFR in a single? And you are absolutely right, it is a gamble.
There is no such thing as "Safe". Launching into the air in an aluminum can is deffinately not "Safe" under any conditions...
As I tell any prospective student, flying is as "safe" or as "unsafe" as the pilot makes it.