Forgive dredging this up, but this video has just been released, as well as the AIIB report, which gives some very useful thoughts about spinning and recovery.
http://www.youtube.com/watch?v=bvbS-oHi9ro
It has to be said that the pilot kept a very cool head.
Report is here.
http://www.aaib.dft.gov.uk/cms_resources/Tipsy%20Nipper%20T.66%20Series%203%20Nipper,%20G-ONCS%2003-08.pdf