E-AB
Well, the good news for this project is that Van licensed his RV-12 as E-AB with seemingly little deviation from the kit/plans. While I don't know what all was altered on his plane, the only thing he mentioned (that I noticed) in his article was the addition of his tail strobe. If he was able to get that project signed off as E-AB, a project with a self-designed FWF setup should be a no-brainer.
I'm not an engineer, by any means, but the two issues that I see with the Jabiru setup are weight and CG issues. While the E-AB plane wouldn't be limited to the 1320# gross weight by rule, that's the published design limit for the airframe (from what I can tell...feel free to correct me if I'm wrong). Also, it seems as if the extra weight on the nose could be difficult to balance out, in light of the placement of the occupants.
Just thinking out loud. Obviously you'd be looking closely at these issues before deviating significantly from the plans. I'm going the E-LSA route, personally, as I believe the kit matches my mission profile (and building prowess). Also, my guess is that an E-LSA RV-12 will have a higher resale value if I ever decide to sell it.