Grail
By my read, 7-5-4c) should cover it and it doesn't say award the basket. Unfortunately, it is a catch-all that should be clearly worded to say that you take the same action regardless of whether or not the ball goes in, and also clearly state that the accidental whistle renders the ball immediately dead. Not my initial interp, but looks like it might be the right one.
And I also agree that two things could occur after release that might not after whistle. One is offensive BI as was already pointed out. The other is a shot block by B1, because ball could be on upward flight (a stretch, but technically true). These are not relevant considerations for a FT because neither is a likely scenario (although offensive BI could easily occur on a FT that hangs on the rim).
I would prefer that all releases be treated the same, FT and FGs, and I think the FT rule makes the most sense. But my opinion and the rules can be verrrry different.
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