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I use this all the same to escape side control. I think his setup is a little impractical from standing, but it is all the same in the end.
I saw this video just a couple days ago and pulled it off 1st try during rolling. My partner (normally beats me)was in shock. Like where did that come off, Its pretty slick.
i don't like submissions that require you to lose position this badly. u allow him to pass and then move for the choke. if it fails ur screwed.