The "Fault" contactor is exactly what I meant when I referred to it as an isolation contactor, probably not the best choice of terms for me since isolation contactors have another meaning when discussing soft starters. My bad.
The important point that I was making was that several soft starter manufacturers push the inside-the-delta configuration without mentioning the fault contactor, which I think is risky at best. I wanted the uninitiated like VicP to be wary of those that hawk the cheapness of it by leaving out important components.
I agree that there is nothing wrong with the concept or success of this application from an engineering standpoint. I do, however have a problem with widespread use in an unfamiliar workplace environment, and by that I mean the general US industrial market. I believe that the success of this in the elevator industry, even in the US, is due chiefly to the fact that elevator mechanics and electricians are very familiar with Y-Delta motors and starters because that is what is commonly used in their industry. The same may also be true of the refrigeration industry and a few others, where OEMs have a specialized maintenance / service force. My caution comes from seeing many many "industrial" electricians who have been given a Y-Delta motor to replace, and did not know anything about them or how to connect them. One can argue that it should not be so, but I have seen this problem in the lumber, rock crushing, air compressor, pumping, injection molding, metal working and several other industries. As a rule, US Electricians are not experienced enough with Y-Delta because they don't run into it often enough. This may come as a shock to people in Europe and Asia where it is common, but trust me, outside of a few specialties we do not use Y-Delta very often in the US. So even if you do understand it, chances are the next guy will not, and damage to the motor, controller and machine may result. For my money, connect a full sized soft start to the motor in Delta only. It also opens up the ability to replace the motor in a hurry with a standard delt wound motor. Just my 2 cents.
Subvert the dominant paradigm... Think first, then act!