I know there is alot of discussion on the float-n-fly, but, I'm not fully understanding the 3-way swivel deal. Can someone help me out, please? Any response would be apprecriated. Thanks

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I know there is alot of discussion on the float-n-fly, but, I'm not fully understanding the 3-way swivel deal. Can someone help me out, please? Any response would be apprecriated. Thanks
