I have a small lift in the garage and was intrigued by this. However, aside from the jack points possibly being weak which is known problem area, the other problem I see with this approach is stability. It would seem like you could not do a lot of work in the air that would cause the car to wiggle around. Not sure how secure those mounts would be. I would imagine the jack points were designed from the factory to be used so that the three other tires were on the ground creating stability.
If you were using this approach simply to raise and lower the car, maybe. But work under it? Not sure.