If I let loose of it, it goes up with the bag and doesn't come back. As I said - it doesn't seem to be snagging or hanging up, but will "float" with slack line above it and a mostly deflated bag. If I hold it loosely between my fingers (not sticking them in the holes), it works fine. If it spins out of my hand or I let go, it's outa there. Is it too light (It's a dive rite, BTW)? I do soak it with the rest of my gear when I'm done, so shouldn't be get salt crystals.bwerb:...the spool spinning freely in the water...