I considered trying it, but I didnīt for the following reasons:
- the big ring wouldnīt lock when the snare is closed
- if an animal is snared and yanks hard the wire will kink, this makes it useless as saw
- itīs shiny and hard to conceal
- itīs a hassle to fix the loop to a certain size (once again the ring is too big)

IMO itīs not worth trying. I carry better wire thatīs useful for a lot of other jobs.
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If it isnīt broken, it doesnīt have enough features yet.