Nothing!

Sounds like a perfectly good Kwikfish. I'd be more worried about the hooks.

sharpening hooks

That aside, even with extremely sharp hooks, I too struggle with what I feel is an unacceptably low strike to hook-up ratio on Kwiks.... Oh well, thats fishing. Doesn't exactly help that I use only one single point hook the vast majority of the time. Tried the new Gami 510 that is being advertised as the definitive replacement hook for Kwiks this past summer on the Kenai. I fared no better with them than I did with my standard single siwash. Maybe that bead chain suggestion has some merit since the 510's have an almost non-existent shank.