As far as I can tell from reading the Ferodo engineer's comments, the floating shoes, based on Burt's design, are allowed to float in all directions rather than one direction. This allows them to float away from the drum as well as towards the drum. Typically, pivoted shoes are "crown-ground" rather than "round-ground" like floating shoes. I assume that Burt was still crown-grinding the shoes causing them to move toward the cam. I am not certain how they would wear.
I would guess that the link that joins the pivots is probably the best part of the mod and the floating part is not well thought out. The link should prevent the bending of the pivots toward one another, which is a real problem. The shoes themselves are also bending excessively.
I think those same engineers who calculate the angle of the brake shoes through the center hole would be inclined to say that allowing the center hole to move around would not be an advantage for the shoe contact angles with the drum, which seem critical for consistent braking. But, brake geometry is the most complicated engineering on the motorcycle.
David