Okay, so this is going to come out awesome.
Pulled the wheel when I got home. Grabbed the longest not rolled up piece of paracord I had, which turned out to be bright purple, and gave it a test. I wanted to see if it would feel good in the hand before wasting all my time doing it as the real thing.
I was concerned with the loops being on the "top and bottom" of the wheel, where your hand would rest, and being too agressive. I pulled the top strand a bit tighter to keep the loops more on the "front" of the wheel. Feels GREAT in the hand. realized however when tied like this, it'll use alot more of the outside color. Thats also a good thing, because the outside color will be the dark color, which will be less susceptible to getting dirty.
Woo!
on the back the back sideof the knot slides nicely into the finger grooves. I'll probably make things more even when ido it for real, this was just a 5 minute test.