Solving a problem... partially, maybe. Tires or seat still get stolen, these look expensive to replace. You pay tons of extra money just to have something different. No way the construction rigidity doesn't suffer with extra moving parts. Over few years, its probably creaking, loose, and who knows how it behaves during an accident.

This adds mechanical complexity to a tool which is best served with as much simplicity as possible. How much does this cost over good U-lock which also holds 1 wheel?