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The video showed them firing it folded, it just doesn't cycle folded. It's a neat concept but not all that practical in Canada for a range only rifle. If the price was right I'd give one a try buy I can definitely live without one.
It's really designed for transport, & in that area it works well. It enables you to use a more "discreet" case (size wise), if that is something that concerns you. There is a "upgrade" for the Gen 2 owners. I believe that I saw them in the Rampart catalog? might be for LE though?
I have one on my 300 BLK AR. I run it with a custom captive spring recoil system. Its kinda neat but honestly the folding option is kinda pointless on an AR. While it gets shorter it also become twice as wide.