Looks similar to the Powerdyne units used on a lot of 'Stangs. Could have some interesting apps, but like an A/C unit, I'd worry about overheating the engine. Pulley driven = drag. Not sure how it would specifically affect a T1 or T4, but would warrant a look.
How about this. Buy it, try it, and when you've worked out all of the details give it to me!