Fraank, if you show up with an old set of (distributor) points tie-wrapped to the handlebars (and wired in series with the ignition circuit), and a small sliver a metal tied to an old leather shoelace that then is tied around the zipper pull of your leathers - so that when you pull the sliver out of the points the bike goes dead -- well, if you show up with that lame a setup we'll most likely tease the living Subaru out of you, tell you that you should walk around the pits 'til you find someone with a proper kill switch, and then -- if you really can't find one we'll maybe give you a "bye" in your logbook and let you run - but require you to have a "real" switch before we allow you to race at the next event.
Does that answer your question? Save the embarrassment of having the entire Maxton crowd know that you're being goofy and lame-o -- and buy a Pingle or one of the other brands.
And - when you attach it to the bike - consider making sure the direction of the "pull to release" is horizontal, in the direction you'd most likely fall, rather than something like pointed forward or up. We want it to shut off the bike once you're off, and if it isn't pointing the correct way the chances of breaking the lanyard, not the circuit, are increased quite a bit.