doesnt the name say it all?? not sure who said it but "just because you can, doesn't meant you should" never been a more fitting example. This looks like about the most retarded way to split wood ever. by the time you spent all the time welding and fabricating, i could split 10 cord, armstrong style.
Some people actually like building things for themselves. It's the only way to make something exactly like you want it.
You might be able to split 10 cords "Armstrong" style by the time he fabs up his splitter, but that's where the race ends for you. I'm pretty sure he could take his "retarded" splitter and split circles around you all day long!