That's the nylon webbing version, right? I have a watch that I wear while riding with similar material for the band. It doesn't bother me. I have to order a RoadID one of these days, and I'm going with the sport version.
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I have the sport version (wristband). I keep it loose and tend to forget it's there.
I have the sport and wear it everywhere, even at the office. I ride by myself a lot and it is great. I wear it to work because my coworkers have quicker emergency access than having to contact our human resources department. It is very comfortable and even forget I am wearing it most times. We got my mother one after my dad died since she lives by herself. She loves it and wears it everywhere. Worth every penny.
I have the rubbery road ID (I have uber sensitive skin and thought this wouldn't rub against my skin)that is interactive...my main reason for choosing the interactive is that I have a laundry list of foods and basic medications I am allergic to that they may use in an emergency situation...like latex gloves...so even I did come into contact with it they would know why I broke out into hives and a rash and blisters rather than trying to determine if the rash came the accident I was in.