The prototype is a marvel of highest craftsmanship and machining..!
But I expect it would have been no fun trying to re-load while on Horseback, especially compared to the straightforward easy simplicity of the Model 3 of usual configuration.
It really does not do anything like what the Merwin Hulbert .44s did, even if it has one joint which is based on a rotating front assembly and is thus similar.
The M H rotated on the Cylinder Axle Pin, while this rotates on a Pin which is lower front in the bottom of the Frame.
The M H would dump spent shells, while keeping live Rounds...this of course does not.
I remember some years back a prototype S & W in I think .41 S & W , which seemed to have dated to the 1890s, which had a Swing Out Cylinder, a Thumb push release for the Cylinder like unto the K Frame of 1899, and oddly, was Single Action.
It was quite mysterious in it's way..!
They really ought to have launched the .41 S & W way back when, I am sure it would have been very well received by everyone and been very popular and eclipsed the .41 Long Colt ( and all it's faults ) right out of the Barn...to where Colt would have started chambering for it even, by popular demand!