I thought the idea of having two dimensions in which you manipulate a pin was rather brilliant. (try plugging something in in the dark, you've got two dimensions in which you miss the plug, and if you really can't see you're screwed, right?)
However, from what I've seen the system has a picking vulnerability as a result of the different mechanisms of the rotational and vertical axis. The pin tumbler action is picked and then followed up with a medecoder, which I'd say is simply a ridiculous design flaw.
One would observe that GM sidebar locks are similar in function of measuring vertical position to how medeco measures rotation. Those locks are a total pain to pick, and can't be bumped/vibrated as far as I understand the mechanism. Now rather than having medeco's vertical cuts in the bottom pin of a pin tumbler, or a the Briggs & Stratton (GM) horizontal cuts... why not have a sidebar with round pins that enter the manipulated pin (called "comb pins" in medeco? I think?) which would be drilled with round holes. Then the remainder of the bottom pin could be covered completely in false depth dimples, perhaps spaced in a fully random pattern (not grid...) to thoroughly confuse anybody picking.
The result is that both dimensions of the lock cut are manipulated by a single sidebar mechanism.
(I'll attach a picture if I figure out how to render my idea....)