I agree with Brian on not using swivel blocks and not coiling the halyard ( I stuff it in a bag, as taught to me by a mountain climber).
In addition it helps to not collect all the parts in one block at each end. This way, used on Johanna's 5-part halyard, works well. (If the link goes on strike, check Arne's sketches under my member's photo album)
Using a multipart purchase only on the fall down from the mast top has one disadvantage, mentioned in PJR: The compression load on the unstayed mast will be higher and that is not desirable.
Arne