Since it looks like everyone gets to vote today here is my .02
I might let the thing about the ring go for a day or two. Sleep on it at least. Ask yourself the ?, is bringing it up with him going to get me any closer to my goal? Will bringing it to his attention that you know he isn't wearing it all the time make you feel better or just make him feel worse? If he starts wearing it all the time just because you want him to and not because he wants to will that make you feel better? Or are you simply trying to ascertain why he takes it on and off?
If he is wearing it at all, I take that to be a positive sign. When he first started wearing it again it was w/o you having to ask, right?
If he has enough conscience to try and hide the fact that he isn't wearing it, then he knows he is naughty.
But here again you have to decide what is right for you and what is impt.
I take the fact that he is hepped up about to be a huge plus. Maybe it makes him feel like he is being a good H in at least one realm.