I don't get it. Here are a couple of reasonable situations.
Let's say 4 decks are gone and we're at the KO key count. With KO preferred, you raise your bet, but the high-low true count is approximately only zero. With the above system, you would not raise your bet.
Let's say 1 deck is gone, and we're just below the KO key count. With KO preferred, you still bet minimum, but the high-low true count is approximately +2, meaning you should have tripled your min bet in shoe, which you would do with the above system.
Obviously, I'm not attributing my upswing to this improvement, but...
KO is about even with High-low even with these flaws, right? You're saying these situations would only increase expectation from about 0.62 to 0.626? You gotta be kidding me...
Hi-Lo also has flaws that KO does not. It doesn't matter how you "reason it out", just look at the simulations, they are both equal so what's the choice is not which one is better, it's which one is easier for what you are doing.