The snubber wearing out will NOT cause the engine to fall out of the cart. As far as the cart cutting out, yes it could have been the rev limiter,but a simple test would have proved if that was the issue. The replacement of the rev limiter should have been far less than what you paid and only takes 10 minutes to replace, I hope they didn't take it back to the shop to do the work.
All I can say is just because it says golf carts on the outside doesn't mean they know golf carts on the inside. Sorry to hear about your misfortune with 2 mechanics as it gives the whole industry a bad name.
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