For info, the Marlin Cabrio uses the Sierra steering column shaft that has a sliding section within the top part. Some production cars also have a collapsible section that resembles a cylindrical cage that is rotationally stiff but that collapses comparatively easily with the axial loading you’d get during a crash.
The problem I can see with the Vindicator design is that it doesn’t look that weak axially (where you need it to be for crash purposes) and I’d also be very worried about it fatiguing (and perish the thought) failing due to steering loads.
I work in the automotive engineering business and know that a lot of detailed design and analysis goes into getting the steering system both durable but able to collapse properly during a crash and I have not come across the Vindicator type of design before!