Wow! I am going to test this setup up in my other scene. I kinda found a work around as well. I ended up Caching the particle sim, then baked the cloner that had a null under the balloons into an alembic. Then I placed the strings under those nulls then did the rope and connector tag. They follow, but wondering if your set up will be even faster and look better. Thanks noseman... Crazy getting help from a celebrity in the C4D community!
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