No under arm strap and it was one half of a double. When checking the other one, there was absolutely no sign of fraying or bad stitching. However, after pulling sharply on it a few times, that one also sheared in the same place.
Comparing it to my Black Rapid DR1, it's not a patch on it quality wise. All the stitch points on the BR are double stitched with far tougher looking stitching.
The Q strap looked great but was fatally flawed, a bit like the F35!