In reply to KTC:
In that case, I totally see what you mean. Having said that, I still think you're over-dramatising it
It does seem possible to clip it the wrong way up and it does seem likely that the autolocking wouldn't function very effectively, if at all, that way. However, the two holes seem pretty distinct (based purely on online images) and if anyone's going to use it "several pitches up with the cold and the gloom coming", I'd expect them to have familiarised themselves with the device beforehand.
I can appreciate the problem it solves because I've found previous guide mode devices rather fussy about which krabs will work for unlocking them.
Ultimately, I think all guide mode devices introduce extra complexity and an associated risk of getting it wrong. It's up to the user to learn to use them correctly and get it right. This device does seem to introduce a marginal extra risk but it doesn't strike me as an enormous flaw and it does appear to be balanced by some extra convenience.