This would make a nice charm. I'm not sure I understand where you're supposed to attach your keys. There's no keyring.
There's a little clip at the end. I use the exact same loops for my Alps and Omron keyring switches.
You're referring to the lobster clasp. I have a bag full of them and the clasps are generally made to accommodate the link on a charm bracelet or a zipper pull and are
a lot weaker than a key ring. Further, how many keys can a lobster clasp really hold? One or two at best. I think the idea behind the product is great, though I'd strongly recommend a key ring rather than a lobster clasp, and I'd swap the string with a few bracelet links. That would would look great and be far more reliable. You can buy approx. 50 key rings for a few bucks. They're pretty cheap. This is strictly meant as constructive criticism.