The eyelet is a screw-in fitting and can be replaced.
We have not seen a lot of failures, but have failed some during installation, so we have gone to a non-fiber-filled nylon for more overall breaking strength. The nylon may distort a bit more, but should not shear like the glass-filled version. Not sure the dates of the change or even if they are in current boat production yet.
In any case... very sorry for the problem. Contact a dealer for the replacement parts under warranty.
Director of Parts and Accessory Sales
Hobie Cat USA