I like this design as it has a keyloop on the cap. I just got a new memorystick and the keyloop is on the body so when I take off the cap it often gets shoved aside and takes an effort to find it when I want it. Having the keys attached to the cap helps me to not lose the cap. Also, Having the keys on the body adds weight to the memorystick while it is plugged in which can cause small, but noticeable in the long run, bending of the connector. Well, live and learn…