How wide a unit are you considering? If I needed to buy a replacement for my 66 inch grapple, I would drop down to a 60 inch. I don't think the extra 6 inches makes much difference to a 12 foot log as it doesn't need any end support anyway. The weight would be slightly less and so would the cost. 800 pounds is reaching the practical limit (grapple weight) on my 
L47.
Most of the grapples I've seen are made for SkidSteer or Track loaders. Their loads are carried much closer to the front tires and their lift capacity is crazy high. My friend has a grapple with a deep flat bottom. I can carry almost as much with my root rake style grapple as I can using his 72 inch. The combined weight is the limiting factor and where it's carried relative to the pins.
I originally purchased my TLB as a TL. Like you I wanted a front end loader that was much stronger than a Ag tractor in a small package.
 I also use my 3PH a lot.
I have gotten flack for referring to the 
L47 as a do all Swiss army knife.
While I don't recommend using the saw blade on the jack knife to saw down trees, it works well within its intended use.
Same with the 
L47. It is a great little machine but It's not a Deere 310.