This stuff is awesome, from making whoooie-slings, UCR's, continuous rings, and dog bones to use as general cordage this stuff is strong, durable and reliable... I build all my hammock suspensions out of it. It's little sibling zing-it and lash-it for my ridge lines. And I use it in canoe throwbag lines because it floats!!
The only draw back of the smaller diameters is it gets tough to tie and untie when you have cold wet fingers.
For those times I reccomend using a loop alien (also available at RSBTR)