I've used quite a lot of Speedfit and I think the couple of problems that I have had have been my fault (insert left out, pipe not pushed right home in a tight space, etc). Never heard of a split nut. I
*assume* this is with plastic pipe (although of course it can be used with metal).Sounds to me like it might have been badly installed. I did use a remote stop valve on my original system to back up the inaccessible and elderly stop valve, but took all that out when I had a proper new main installed. That didn't cause any water hammer.
My conventional water stop valve is backed up by an easily accessible full bore lever operated ball valve (and similarly for the gas) to make it easy for the wife if there is a problem when I am not home.