I had a forestay break on my Taipan while sailing upwind in around 25-30kts. We'd just sailed one lap of a triangle course, rounded the bottom mark, jumped out on the wire and BANG!
We were dunked and the mast fell straght backwards onto the rear beam and into the water. The only damage we suffered when it fell was to the gooseneck boom fitting that wasn't designed to bend upright next to the mast.
The biggest problem is getting everything untangled and packed away for the tow to shore without losing everything. The first thing I did after getting the shackle key out was promptly drop if overboard

We had no broken battens, torn sails, injured crew and only kinked the bridle while the mast was flailing around on deck and put a small bend in the tiller crossbar. A new forestay and bridle and we were back in business!