No.
The krypto chains are better than the cables.
Heavier though, if you don't mind the weight, I'd use a heavy duty chain

It simply depends where you are. City vs. country. This is the best locking solution available. I had someone recently ask, so this is my answer if you can afford it.

You should use a secondary U lock in addition to the padlock/cable, as I said in the OP.

It works because the thief has to have at least two types of tools to get your bike, and it takes them longer to get it.

It will take someone a lot longer than you think to cut that cable with bolt cutters. Unless they are carrying the ginormous 3' variety.
The padlock will take a hell of a lot more time to defeat than any other lock out there.

It's all about:
1-Deterrence. Make them move on to something easier.
2-Time. Make it take as long as possible to break your lock. Maybe someone who cares, or you, will see what they are doing.