Alright, I've had good results with wraps before so I'll give it a try and see what happens for ya :D
Really?! Neat! And yeah, it does tend to snag on your fingers like crazy.
I don't think embroidery floss would help. Even in the loose braided style. I've wrapped locks to make them stop eating so much hair around them and it slowed down that lock's progress. The hair around it learned to mind their manners but the wrapped lock stagnated.
I'm just going to let mine go for now. If you try wrapping yours let me know how it goes, k? I'm curious.
I have one just like this too! It's a real pain. I'm wondering if a wrap with embroidery floss would help. :/