Listening to the ATC tapes it is clear that ATC fully expected them to dump fuel and asked them about it, at least a couple of times. The crew responded there was no need and just asked for a downwind back to the airport. With the Pacific about 0.5 miles from the end of the runway and the failure having occurred over the water I think the lawyers will have a field day that with a secured engine they could have dumped out to sea OR if the PIC felt the emergency warranted no delay in landing they could have legally and safely landed over weight. Wish the crew the best but this seems weird.