I'm thouroughly enjoying the G50 I purchased recently. I too was not a Line 6 guy, but I'm extremely happy with it and the clarity of tone, and I completely love the pedal sized receiver. It sounds great, battery life is longer than expected or advertised, no dropouts and no outside interference.
If you folks are wondering about that cable, I see someone on the 'Bay is selling nice looking replacements in both straight and angle jacks.
The stainless clip does do a good job of holding onto the strap and staying put, but it will eventually chew up my straps from taking it on and off (each of my basses has it's own strap). So I need to come up with a better way to strap it so it doesnt tear them up.