That's going to be rpm limited by the speed of the piston head. That's a fair bit of mass to be accelerated quickly on its exhaust/intake stroke. I'd also worry about deposit buildup between the piston halves. Maybe they could add another oil ring to the piston base to control that, but the acceleration of the head is going to be harder to overcome.
One good thing is that "mini connecting rod" doesn't have much an angle on the piston.....so there will be less friction on the intake and exhaust stroke than there is on the power and compression strokes.