That works pretty well. I have had one of those on my last N20 and one on the Infusion I currently sail. I still use it...works fine. However, I don't think you can use that with a furler.
Also, as I mentioned before, be cautious about the amount of prebend you have to put in the pole because you cannot adjust the location of that fitting. I had to string the pole under that fitting on my last 20 to reduce the prebend.