It's an interesting approach with the primary function of draining vibration from the spindle bearing area, and the secondary function of clamping the record to the platter. A heavier weight or clamp might be more effective at the latter, while less so at the former. A peripheral ring is probably better at clamping then any clamp, with the further advantage of increased flywheel effect contributing to speed stability. Maybe the best of all possible worlds is LPI for vibration in combination with peripheral ring for impedance matching and speed stability.