Welcome to the group, Singh! You'll learn more from these folks than just about anywhere else.
From Justin: <<Monte, very few people (percentage wise) actually buy one of my selector rods as a preventive measure, they usually wait until the wire breaks, bends, or one of the retaining clips gives up the ghost... But, thanks for the plug!>>
I'm one who didn't want to wait. When I wiggled the coathanger wire, the flex in it caused something in my head to go "Uh-oh, that isn't a matter of 'what if it breaks,' but 'when it breaks,'" so I bought Justin's. Justin, your design got high marks from the guy who's doing some other work on my bike at the moment. (Basically, he's going through it on a complete checkout that should have been done when I bought the bike, and installing a few farkles in the process.)