Thanks for your helpful responses. I figured I had it correctly, but it is the first time for this style of strap.
I DO love the strap, by the way.
It is beautiful. The Taylor Logo is sharp.
It is wide enough to carry the load without hurting my shoulder.
It isn't slick, so it stays on my shoulder where it should without sliding around.
(I had another guitar slide off my shoulder and fall. It put a BIG ding on my brother's Yamaha. Boy, did I feel rotten!)
My Next Dumb Question....
What is the recommendation when putting my guitar in it's case...?
1) Take the strap off and roll it up in my gig bag?
or
2) Leave it attached at the base of the guitar, but take it off the neck, and the lay it along the neck on top of the strings?
3) another option?
It won't fit underneath the guitar, like my old strap did for my Alvarez. It raises the guitar off the bottom of the case too much and lifts the neck out of the cradle, which reduces the protection value of the beautiful hardshell case.
I currently have been laying it on top, and curling the neck-end of the strap over the top of the neck and back towards the storage compartment. It seems to fit this way, and may even protect the strings. But will the strap stress or mar the guitar in any way?
I don't really like the idea of totally removing it over and over, fearing that it will prematurely wear out the mounting holes in the strap.
Any professional suggestions?
I still can hardly believe I have gotten a guitar this nice, and I want to protect it as best I can!