Sounds interesting! I would, however, consider it an alternative to a strap on medium/large guns instead of a replacement on smaller guns. A strap can work for very small guns, but individual preference might sometimes call for something like this instead.
With a strap, because it's over your shoulder, it's far more useful and more effective in holding a gun at shoulder level--and while you don't need the improved accuracy for soaking, you would get a bit of extra range and your arms wouldn't tire out as much. However, straps can sometimes limit your movement, especially if they're too short.
Your cord holster, however, would be a good way to carry a smaller sidearm or something that is lighter and that you're not likely to use very much. While it isn't as helpful as a holster when shooting, it does allow for easy carrying.
Some people might like the flexibility, but from experience, I know that something hanging off a belt loop will knock against your legs and pull your shorts down. I'd be happy to use it if I could get those problems sorted out.
Some people shorten straps and loop them around their arm--I don't see why because I haven't done it, but for lighter weapons, it might be convenient. It would be harder to shoot a different weapon while carrying your primary, though.
Edited By SilentGuy on 1157323961