When I've chopped wood with mine I don't have my finger in the ring. The ring is there to accomodate a choked up grip allowing fine work.
The Survivor chops fairly well. My problem is that I'm very used to using an 18" H.I. M-43 kukri as my chopper, and it has spoiled me in that respect. The Survivor is a good tough knife to date and takes batonning very well. It is a good versatile all rounder, which is also fairly easy to carry (I'm used to carrying large knives).