The Home Depot cable will probably corrode to junk in a very short time. You definitely want stainless cable. 7x19 would be the stuff. You could try to use a synthetic line such as Amsteel. it will never corrode, is very light and much more flexible. How the line will behave on the winch I have no idea. SD would probably know better.
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1978 30' Hughes Northstar 1000
1964 20' Bertram Moppie