Maybe it's just me, but switches confuse the hell out of me. Am I switching to turn it off or is it already off? I like the look and feel of this but to me 2 radio buttons is a far more elegant solution...

For starters, switches are super confusing.

If you're going to do them, make sure to follow a couple principles:

1) visible descriptions no matter the current state http://www.designmap.com/practice/the-difference-between-a-l...

2) spell the action available in each state as a verb phrase http://ux.stackexchange.com/a/1321

Or just use something else : )

I like them, but the animations make no sense. The words shouldn't move.