I replaced the cable (easy by the way) and it seems to be much better. The old cable was stretching and probably comming apart inside the sleeve.

The thing that makes me happy is that the new cable is at the 'good' end of the adjustment range. This leads me to believe that the clutch disk is not totally gone.

Heads up. Shop around for the cable. They changed the cable design during the model run so you'll need the build date off the door sticker. One place could special order it for lots of money. Another place couldn't get it at all. Found a 3rd parts place and it was no big deal. $35.