Yes, this seems like a very good idea, provided this, indeed, gives more than it takes away (watt/kg)
I think the greatest benefit is not 'climbing' even, but ability to effortlessly balance at slow speeds and navigate in traffic - and this stands on it's own regardless of benefits in power output.
Marco Ruga (me, too) did experiments and reclining the seat DOES drop power, and considerably - and he is a very strong and 'bent-adapted' rider. I'm quite sure this has to do with hemodynamics - both of perfusion/ventilantion in lungs that is very posture dependant and actually works best when you are leaned *forwards* a bit (as in when running) and hydrostatic pressure gradient with upright position that improves perfusion in legs (you cannot compensate for that with increased 'overall' blood pressure lest you pop an aneurysm, and there are barometric 'sensor' that provide negative feedback that are located in your chest and neck to prevents this).
The closer the position to that of a runner that we were evolved for, the better the overall potential for best aerobic power delivery it seems (and it makes total sense).
However, same effect can be had by simply sitting bolt upright, w/o any extra hardware!
Problem is, as you play with seat recline (sitting upright, too), your seat to pedal distance changes AND your cockpit goes out of whack (bars poking your chest and very un-ergonomic grips location).
Plus, if you have a high BB, sitting upright makes for an extremely acute hip angle.
I have an interesting idea regarding dual-position bent that is both coaxial singlespeed FWD with (very short) overrunning cranks - basically, something exactly like drift trike front end and wide cockpit, very low BB, upright position for climbing steep stuff, starting and navigating traffic and short-boom RWD drivetrain with remote steered aero cockpit which should be, theoretically, the best of both worlds.
You can use 'boom swinging' on coaxial bent to a great effect a well, so you can use 'full body input' for climbing, than relax and cruise in RWD mode. Since BB is very low you can get away w/o a seat back (I think).
Not sure I'll be able to experiment with that in near future, but idea seems workable.