I also have the WP26 that came with my 200DX and actually don't mind it at all. The hose however like you is what I do not like. I have replaced it with a CK Series 2 Flex-Loc (WP-9) with super-flex hose. It as a matter of fact should be here today. I am going to be welding turbo manifold so the smaller torch is what I would need to make my life easier. The cable is also a huge plus as well. I plan to use the WP26 when I have to do thicker material but have a feeling it will not be used all the often. I also do not plan on getting a switch for the new Flex-loc I have coming in. If I need to use a switch somewhere, Ill just pull out the 26.
2013 PT-200DX
Ryobi Drill Press
8" Shear
6" Bench Grinder
4x8 CNC Plasma Table