A simple prefab that was easier to simply build than explain for use in this thread here to help someone out.
What was used to create this prefab:
Simple effect but fun to play with when used right. One could swap out the light_spot with dynamic to make a better visual but this is better for performance. Choice is yours :P
For now the rope will follow the lamp model when its moved/shot etc as you can see, but to add some more bounce to it a phys_spring on either side rather than hinges could produce better results, again for performance I went with ballsockets.