I have fished the Pit a good deal by myself, and have not broken much other than my spirit on a few occasions -- filling your waders with cold water will do that. These days I own a PLB and feel much better down there with it. The smashed-ankle scenario is always a remote possibility.
I'm going to disagree with Pound about getting away from the road, though. Usually that holds true, but there are conditions that seem to stack the fish up in different places at different times. Opening day 2004, with a wet snow falling, I walked 20 yards from the road (as the crow flies, anyway) and saw hordes of fish rising to hapless PMDs (or some cream mayfly). Caught a few too!
Poke around, drift them hare's ears and princes deep, and you'll get some fish. It would be super to hear a report on how it goes.
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