Blunt,
No doubt you have had plenty to digest here, and everybody has raised some very good points. Technically speaking you are right about the torque going to zero with Zero field current, and, if your motor is a pure Shunt connection (which I have never seen in the sizes I deal with) it should stop.
You need to keep in mind the dynamics of the model. In a real motor, the shunt field will have a time Constant of about 4 seconds. If you remove the field excitation and let the field decay naturally, the Field current will decay exponentially to 39% of it's rated value in the first 4 seconds, The remaing drop to 2% of it's rated value will take a further 3 time constants ( 12 seconds) during this time, you need to do intermediate calculations of speed, current and torque.
I think you will find, that if you have a machine running at operating speed, with no restraining load torque, and you remove the motor field excitation, that the motor does in fact run away in speed up until the time the field is so weak that it no longer provides any motor torque.
Unfortunately it takes far less time to accelerate to destruction then it does for the field to decay to a level where the motor stalls. As others have said, IT DOES HAPPEN.
If the motor does have a load torque then the behaviour during the time the field takes to decay, will be dictated by speed torque characteristic of the load.
Most motors above a couple of hundred Kw will have a series component of armature current in the field. This is used to help with commutation and to limit Motor speed droop under load.
I remember, as a young engineer, doing a current regulator CFB ploatiry test on a 300 HP Motor with the field disconnected. We had no shaft brake but I had the wooden handle of a sledge hammer wedged in the shaft mounted fan. The CFB was the incorrect polarity and we had uncontrolled armature current run away. The torque developed was enough to snap the wooden handle, but Luckily it did not let the motor get away. So Much for the "No field, No Torque" camp.
I think it would be remiss of any DC Drive manufacturer, to suggest doing a stall check with no field, without suggesting the armature be restrained in some way.
I know the company I work for ( A well known DC Motor Manufacturer) does not suggest you try that.
Tom