That's a cool idea. I wonder if the reduced friction of the pulley might solve the question I've been thinking about below...
As I've been pondering your setup, I've been thinking that the main drawback is that, in order to pull your line out from the ground, you showed me how you have to drag the "non-working end" of your line (Not sure what the proper term would be in this setting - running end?) around with you so that it follows the same path through the tree as the working end.
This seems to me to take a small bite out of one of the advantages of SRT over DdRT, just because you now have more line to fuss with.
Maybe it's just that this setup works best on certain crown shapes, i.e. excurrents like Metasequoia or your river birch in the video.
Or just maybe, I'm a knucklehead and am missing a simple solution...
Thanks for sharing ideas...keep 'em coming...
EDIT: Also, if you went for the PINTO in this setup, I wonder if the spacer that is made for it might add a little extra beef against possible side loading??