Thanks for the comments.
There are alignment couplers which I have heard of people using, but I've also heard they do break. I don't know what part of them breaks (they are a bit more complicated then a spherical bearing setup would be), so the question was intended to see if a people had a feeling if a ball might be more rugged. The original Kinyon plans from ABANA show specs for one.
Regarding failure - I don't think catastrophic failure is actually much of an issue - worse case (where the bearing instantly turns to dust) the cylinder/tup would not disconnect, just become very loose, and still constrained by the guides. No flying hammer heads, just dust and no doubt some enhanced verbal expression. (The original idea basically amounts to inserting a spherical bearing into the hole in a pivot-mount on the top of the tup and clevis/pin on rod end. The impact on the bearing is in the "radial" direction, so if the bearing is gone there is just a very bad fit for the pin).
Another different thought was to have a thin layer of hard rubber between the tup-to-rod connection, so that out-of-line motion of between the tup/rod could get taken up there instead of stressing the threaded rod end. This would be pretty easy to implement, and I don't think this would have an impact (pun intended) on the force of the blow.
Thanks again,
don