just my opinion but I have a older 30-06 Remington and it has a scope with iron sights. To use the iron sights the scope has hinges and swings down to the non eject side and then when you need to use the scope it filps up back to the standard position. It has a release mech not like this but the same concept.
I could never keep the scope on target after rotating it out and in. It would be on paper but never keep it at "zero" so I ditched it, took the iron sights off and did a standard mount.
I would be skeptical of this...but that is me
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