I'm surprised more people don't use SilverSilk. It has all sorts of uses: Hang a pendant from it, bead on it, even knot it. For this particular application, I lined it with 2mm teal satin cord and used it to suspend a seed bead and pearl bib for a necklace.
Very nice weight and look to it. Looks great with my pendant i made. The only problem I foresee is that it looks like it may kink, I've already noticed small kinks after a couple of days. Be gentle with it and you will be pleased!