Bleeding Leader Wire

One item of terminal tackle  that was missing from my Tried and Trusted Terminal Tackle article was wire.  I've been using surecatch multistrand wire but I have not been happy with it, theres been a couple of unexplained failures that have cost fish which is unacceptable(and typical of surecatch quality).  Unfortunately there hasn't been much around to replace it with.  About 6 or 7 years ago I bought some Bleeding Leader Wire which is a 7 strand stainless steel wire coated with blood red nylon.  I still had some full wire traces left made with this wire when I began livebaiting this year.  In fact I used one of these traces on the 2 metre whaler shark I brought to the boat in February.  I have managed to find a supply of this wire in Australia from Bluewater.  $7.99 for 9.2m of 20kg.  I'll be testing this wire over the next couple of months to see how it goes.  I'm pretty sure it will be up to the task though, it ties a great knot and theres no distorting of the wire when you tighten the knot unlike the surecatch wire.  Also I need to know whether the red colour puts the fish off or not, while it shouldn't you don't know until you try it.  If it works as expected you should see some fish with bright red wire traces coming out of their mouths soon.