I'll start with the fact that I've never held any model of any size of CRK knives. However, I'd like one of each. 
What I have not been able to determine, and have not been able to find any commentary on, is the functionality of the lanyard. What's it there for? I think it looks great, but surely it has a practical purpose as well. Does it unwrap to be large enough for a wrist thong? Does it aid in removing from a pocket or sheath? Please enlighten me. Thanks!

What I have not been able to determine, and have not been able to find any commentary on, is the functionality of the lanyard. What's it there for? I think it looks great, but surely it has a practical purpose as well. Does it unwrap to be large enough for a wrist thong? Does it aid in removing from a pocket or sheath? Please enlighten me. Thanks!