Pirate Ship or Modern-day climbing frame.

This elaborate climbing frame is in the local primary school. The walls have  the holes and holds of climbing.  Seems to be lots of options for everyone.  All over those rubber mats.  Idea is if you fall you soften the blow though I have heard that there  may be more brain damages,  and less broken bones.  
Sometimes wonder about too much protection when kids are young, and does if result in the current  popularity of extreme sports.