Hey, I love my swivel set up. I use the swivel anchor connector (WM #289280), which assembles with an allen wrench.
But, if you connect it directly to the anchor shank, you're asking for trouble, since the connector is not designed to allow sideways motion at it's joint. So, as the boat swings, you're using the connector in it's weakest mode to swing the anchor. I handle that with a shackle between the anchor, and the anchor connector. Mount the shackle with the screw pin through the anchor, and the loop facing the vessel. Then, attach the anchor connector to the shackle loop. Now, you have a little more than 180 degrees of swing before the connector would begin to side load.
I suppose you could still have problems this way, but I haven't yet. And, when the anchor comes onto the bow roller, it quickly takes the correct orientation, without any chain twist. Since there's only a few inches of chain between the windlass gypsy and the anchor shaft, I seems to me that without the swivel, I'd be messing around with the chain half the time I raise the anchor.
Works for me.