The answer depends how you define "better".
This solution WILL WORK, and be robust !!!..there will be wires "left over" in your el.system do you care ?... I don't....
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More importantly, our weak links are the bulkhead connectors.
If you perform a search, you will find info on bypassing the amp meter , which indeed is a smart move.
Also replace amp meter with Volt meter can ealisy (and cheaply) be done for people who are not ALL ORIGINAL DIE HARDS.
The info is a quick search away....