yeah, that's what I said! 
I have to say, I sorta disagree with your point about the thickness of the strap. If it were thin like a seatbelt it would tend to cut into the skin. I think it's a comfort thing. Also it twists less (did you mention this? I forgot.).
the strap pad takes care of any cutting into you doesn't it? And the thicker strap gets twisted up just as much as my other bags w/o swivels. My old TTUD30 had thinner straps and swivels and I had ZERO problems with it. This bag has a thicker wider strap that similar in comfort but weighs probably twice as much? Oh, and it's shorter.
IMHO it's not as good as the straps they put ON THEIR OTHER BAGS... The pad is fantastic though, especially the rubber grippers. It's a good strap, but it could be better.