Rube Goldberg plan yields Rube Goldberg level reliablility.
Color me surprised. They missed. One quick point by the way, while the helicopter may be loitering, it probably wouldn't be hovering, as it is actually hard to do, wastes fuel, and doesn't accomplish much.
Helicopters can be handled with a surprising degree of grace by extremely good pilots, and generally under near ideal conditions. Neither of that recommends it as rocket capture strategy. Fixed wing craft were used in some of the previous aerial capture attempts, probably because they had longer range and could operate reliably across a broader range of weather. The payloads were smaller, and much more conducive to stresses of capture.
I suspect that the helicopter was chosen to reduce the air speed at capture and the stress on the device, as well as make lowering it to the ground straightforward, as opposed to having to figure out how to winch the thing in and secure it.
That said, setting down a rocket in hover in your own prop wash doesn't sound like it's going to be a party even if you manage to catch it.
This was always a wacky idea, and I suspect it has become a cover while they try to develop similar technology to the other reusable players in the market today. But a few more half hearted attempts over the next few years and plenty of "conditions were worse then projected" can keep the optimists in tow for a while.
But the economics are not in their favor, as their competition can lift more, cheaper, with faster turnaround, and potentially under broader landing conditions. Their play was that the others would fail trying to tail land. It was a good gamblers bet, that the other players would bust, and that Rocket Lab would be left against the dealer. As it turns out, the other players pulled the right cards, and each is now left with a stronger hand.
Rocket lab already lost this round. If they have enough cash, they can try another hand, but the stakes to stay at the table are going up.