"It'd be like singlespeeding…"
No, it'd be like twospeeding with a more complicated alternative to a two speed derailleur. 😉
I like the idea, but I don't see how it could be made to work.
All gear systems need the power to be reduced while the gear shift takes place.
Easy enough on a manually controlled derailleur or hub gear for the rider to back of a bit while they make the shift.
Not so easy on an automatic where the rider may not be expecting a shift.
If you shift from 7th to 8th slowly on a Rohloff while pedalling lightly, it will momentarily engage 14th.
This is intentional. The gears are effectively in two ranges, 1st to 7th and 8th to 14th. Going from top gear in the low range to bottom gear in the high range, it's safer to have the hub engage high range first so that the rider hits a sudden resistance to pedalling in 14th rather than engage the low gear first and suddenly hit almost no resistance at all in 1st.
A centrifugal gearbox would need to do something similar, especially as the rider may not be aware that it is about to shift gear. Catching the rider unawares with a neutral between gears, however brief, wouldn't be acceptable.
It would also need to be designed so that it shifts down at a slower speed than it shifts up.
Supposing you wanted it to change gear at 15km/h.
If the rider is riding at about 15km/h, it will be constantly shifting up and down.
Somehow, you would need to make it shift up at 16km/h and down at 14km/h.