Roy,
Joel Pendergraft & I in the states (and probably some others), and Tony Z & Jeff Rogers in Australia (& maybe more, far as I know), have been experimenting with these for some years. Tony & Jeff seem to have better luck with the light guns (the type you show); Joel & I have had spotty results -- that is, sometimes success, but sometimes not -- certainly no formula that guarantees success with a light Gun.
With Heavy Guns, everybody has had pretty good success. Joel & I (& Charles Bailey when he was competing), built rifles around 3.5 inch tubes. Joel now has one using a 5-inch tube. The tube was also the basis for the "stock" in these designs. I don't have a digital camera, so can't really post a picture.
The Holy Grail with the tensioned barrel rifles is they shoot round groups. The group might get a little bigger or smaller, but vertical stringing is gone with any reasonable load. I guess if you loaded them light enough, they might string. Success with this in HG, but hard/impossible to achieve with the Light Guns. We have had some success in that the LG's seem more accurate with a tube (hard to prove, and sample size is small), but less luck with the "no vertical".
Good luck with yours.