Having a DC brake on certain machines makes a great deal of sense.
The blocks on a big tenoning machine will run for a long time time after the stop button is pressed.
Even having hand brakes is not fool proof as I found out one day when I thought I had stopped the blocks with hand brakes, and went to adjust them , I had not quite stopped them and the scribing cutter went through the end of my finger. ( this was my own fault for getting to complacent )
It was only spinning very slowly, but could have been a lot worse, but fully guarded you can not see the blocks well.
Not all machines have to stop within 10 seconds though, a RAS is one example, as long as the head retracts into a hood by using a counter weight or return spring it is find, as mine does.
That said if I ever employ anyone it will be DC braked anyway as for the few hundred quit it costs it is not worth not doing.
A lot of accidents are through lack of training or the operator getting to complacent.
I suspect that there are a lot more accidents with hobbists than in industry due to learning from books and American TV experts, but as they are not reportable to the HSE the figures are lost in the general A+E figures.
I am not having a go at the guys and girls who do this as a hobby by the way.
Tom