iwire said:
Yes you could have less then four quater bends.
By your read that would have to mean 1, 2, 3 or 4 quarter bends.
That is not how I read it....

I'm not sure if I have been absolutely clear on that since you dont seem to get how I read it.
"shall not be more than the equivalent of four quarter bends"
You can have more than 4 bends due to the word "equivalent"
And likewise, you can not have more than a 90, because it doesn't say 1/2 (180), or 3/4 (270) bends either. ..."equivalent" of 4 90's.
This is the way I learned it, and the people before them taught it to them etc. And I likewise have taught guys under me the same way.
'Count the 90's, and count up the equivalents'
An off-set - 30, 30 (< 90) = 60
Two box off-sets 10, 10, 10, 10 (<90) = 40
A 90 (=90) = 90
two 45's (both <90) = 90
Total 280 degrees of bend
The above typical example has 9 bends, none greater than 90, less than 360 total.
We all know that tight bends, close together are harder to pull. Any many are of the opinion that shepards hooks are bad practice for that reason. And even for those who think that you can bend over 90 - think that, that too is something to be avoided if you can. Why - because they are harder to pull. They lock and chatter - meaning they get so much tention that someone also needs to push it too - to release the tention and get the wire through.
For those who sail, or climb/rappel or those into knots know that turns of rope will not slide as much when past 90 degrees and often lock at 180 - and few knots have <360 degrees of turn to them. Most that do, are slip knots. Anyway, my point is that we are trying to reduce friction on the wire we pull, not create it.