I was a field service tech for Cinemark. I was responsible for ten theaters with an average of 10 projectors each.
Not one of them had any kind of shear pin or tension sensing switch. Some of the newer systems relied on optical failsafes that reflect infrared light off the film to detect the flicker of the sprocket holes going by. Most of them only had drop-arm failsafes that only detected presence or lack thereof.
Most of the projectors had a steel drive shaft that drove the sprockets via hard fiber (Formica?) gears. If there was a film jam and you were lucky, the fiber gears would strip out. Some of the older projectors had all steel gears. If you have a film jam in one of those, you'll likely stop the machine cold. If the intermittent strips out, you could be in for a $2,000+ repair bill. There is also a helical spline gear and shaft that drives the shutter which costs over $1,000.
The majority of the time, the sprockets will tear through the sprocket holes and the film will just ball up behind the sprockets but, if you have a really bad one, your projector could be down for a couple of days while the parts are FedEx'ed in. You'll have to listen to your technician cussing you out the whole time.
The answer is DON'T SCREW UP! To be honest, it's pretty easy to thread a projector correctly if you pay attention.
Your average 10-plex movie theater runs the equivalent of 500 miles of film every week. It's not hard if you do your job right.
Just as a test, me and a couple of my buddies took some old movie trailers out back of the theater, one night, and used it to tow a car.
We just doubled the film over the trailer hitch of one guy's pickup then around the back bumper of the car and tied a knot. The film streched and buckled a lot but we were able to tow a car with it.
If you took several strands of polyester film and twisted it together, I have no doubt that you could pull a sizeable load with it.