Thanks for the diagram of the primus, Agent-X, but I don't think that's the type of lock in question. The primus utilizes a pin stack the same way a normal pin tumbler would, but has side-bit milling to enage the other five pins controlling the sidebar. The sidebar wafer locks that are being discussed use wafers which have grooves cut in them which meet up with a sidebar, allowing it to be retracted into the plug.
Sorry for the reference to "secrets of lockpicking". It was the only picture readily available of a sidebar wafer lock that I had off the top of my head - albeit a very basic one.
http://www.fortliberty.org/locks/secrets-of-lock-picking.shtml
Now, by looking at that, the wafers do not act like a standard wafer lock, nor like a pin-tumbler (using a pin stack and sheer line). The only locking mechanism I can tell from the picture, or think of by experience is the sidebar. And even if the wafers did function like normal (needing to be retracted into the plug) that would only be an incidental security measure, as the sidebar would keep them in place - inside the plug.
Not to mention it would also be very bad for security if they did funtion like normal. You could just pick them like a standard wafer lock on a filing cabinet, and thus the sidebar would be engaged, again incidentally.