Safety of winch launch vrs. aero tow?

In power planes I often wondered how high I would need to turn around,
and the biggest difference seemed to be how well I was climbing.
In a heavy Piper Arrow on a hot day, We couldn't climb fast enough
to ever glide back regardless how high we went if we did a
straight out or 45 departure. Departing downwind was another story,
of course.

On hot days with heavy loads at Avenal, the tug sometimes turns very
gently at low altitudes to downwind. I recall flying a two seater open
cockpit on a very hot day and seeing miserable climb out of us
and the 150/150. In our case not a problem with all the
flat ground, but still a bit disconcerting to be
so far out and low...