Another approach to reducing cord bulk is to use a less bulky cord. Paracord is the traditional choice, but lots of high tensile strength, small diameter cords with 200-300lb strength are on the market, 2-3mm cords from climbing stores like rei.com, or compact versions of 550 cord. 550 cord has a diameter of 4mm per wikipedia, so the 2mm cord would reduce bulk by approximately 50%. Keep the 55o cord for a backpack based kit.
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