hi phil!
interesting to see (also on the other images) all the A-stuff which was up 'captured' 2001 during the WC in spain.
Surely ahaed of its time was Nils BUnkenburgs prototype Nikita which only got into serie production this year.
Regarding the adjustable set up of the diamond tension, this is a long 'come and go' story in the A-cat scene. It hat been a wide spread tool with the Alu-spars, disapeared mostly in the last couple of years with the carbon spars (which are already more than a decade a standard in the class) and just currently found some new fresh air due to again modifications of the mastcharecteristics as well as (and even more important) the sailshapes with the bigger heads.
you can build up an argument who efficient it is or (like Wouter) prefer simplicity and you will find very successful represantatives for both ideologies.
It's anyhow only a tool for those who perfectly understand how a mast/sailcombination should work and how to achieve exactly this. if you don't have this theoretical knowledge you can surely slow yourself down till even damaging your rigg by using the wrong setup under not suitable circumstances...
if however you want to go for it (and i see this system also joining my taipan 4.9 mast soon) than maybe nowadays systems are worth a view and scott andersons system is sold by fibrefoam, so either yo order it there or it can give you a good estimation what to do!
take a look at the item:
Adjustable Diamonds Part A44
http://www.fiberfoam.net/Default.aspx?tabid=94kind regards
dirk