http://www.drgoulu.com/2005/12/29/eviteur-daxe/
The mine application seems to be a subset version. If that is the best example any one has of this design in practice it suggests that its not possible to build a working version of the whole thing. A mechanically weak proof of concept might be possible, but a solid use-able version seems to me to be impossible.
Might work if the outer rim is supported or guided on some way. I still think loading is a problem though.
I love to see some one try to build it....
For something like this to even have a chance, it would probably need many more, thinner teeth than these diagrams illustrate.
EDIT: @analogwintermut I think this addresses your question.
As an example of why it is conceptually feasible, remember that you could computationally (or mechanically) determine when a shaft is closing in and open a gap in that particular support at the right time, maintaining ability to pass torque through all other supports.