I wonder how much that inertia wheel would have to weigh vs. vehicle weight to work. Perhaps the resistance could be compression of air rather than rotational inertia? I'm not sure I like the idea of a ratcheting drive. Sprag clutches are very dependable one way devices but I'm not sure they're used in full-fledged constant stroking ratchet-drives.
Worked for Trevor Harris designed and manufactured "Harris Vertical" though...
Yeah,
that Trevor Harris... Shadow CanAm "go-kart"...
http://www.ultimatecarpage.com/images/large/997-1.jpg... dominant BRE Datsuns, dominant Nissan GTPs, Nissan Group C, Nissan stadium and off-road trucks, Frisbee CanAm, Galles Indy, Eagle Indy, and Trophy Trucks for Chevrolet. Interesting website on his career at
http://www.freddifred.com/trevor_lee_harris.htm
Check out the NuVinci CVT (Fallbrook Technologies) for a neat off-the-shelf, buy one for your bike or LEV unit.