Long responce
I still don't like the idea of this , but this looks like a well built unit and under normal use I think it would work.
Some explanation;
This is simplified as much as I could and will still be confusing.
The reason I don't like this idea in general is that normally the king pin exerts a lower bending moment (force) on the frame at the front of the trailer, than a gooseneck hitch will.
If you think of the pulling force from the truck acting at the king pin you are on average ~8 inches from the point where the hitch assembly attaches to the the trailer frame. This attachment (welds, bolts, etc. ) is subjected to a force trying to bend it that is equal to the pulling force (what ever is required to move the trailer) times the vertical distance (from above ~8 inches). Like wise there is a bending force applied to the truck. This bending force is applied to the connection points from the truck frame to the hitch. The force is again equal to the pulling force times the distance from the connection (king pin) to the attachment points (the pins holding the hitch to the rails if you have this style or the frame bolts for permanently mounted units. ) Most hitches have a height of about 16 inches.
Now if you look at a gooseneck ball the height to the connection is about 4 inches. The rest of the distance to the original connection hight, 12 inches, is is made up of the adapter. The new distance from the hitch mounting height on the trailer to the coupling point is 8+12=20inches. This is 250% of the original distance. Therefor the bending force to the trailer frame goes up by that same percentage!! Also the bending force for the truck goes down in relation.
For example if your trailer takes 1000 pounds of pulling force to move it the original moment is 1000 lbs. X 8inches = 8000 in. -lbs. or 667 ft. -lbs and the moment on the truck is 1000 lbs X 16 in. = 16,000 in. -lbs or 1,333 ft. -lbs. With the adapter the same force is required to pull the trailer but the load changes to: trailer; 1000 lbs X 20 inches = 20,000 in. -lbs. or 1667 ft. -lbs and for the truck 1000 lbs X 4 inches = 4,000 in. -lbs or 333 ft. -lbs.
Yes there is a considerable amount of overkill (safety factor in engineering terms) in the design of the hitch connection to the trailer. But that is there by design to account for the time you are pulling the trailer out of a rut (much higher pulling force) or when the truck hits a pothole and there is shock loading. Will this style hitch work YES, but you are not just changing how the connection is made, you are adjusting how the stresses of pulling the trailer are distributed.
Sorry for the very long answer to the short question, but I have been involved in this discussion on a number of different levels.
Mike Schevey