Hi Sector Steve
all I can say, from my personal experience with the well in the Folky is, DON'T DO IT!!!
I'm actually intending going your way and having a bracket on the transom.
With a well, the outboard is either in or out....no in between, like raising the transom bracket. The leg stays in the water - racing, cruising, whatever - for as long as one is sailing. I'm sure some folks who are stronger than I am lift their motors out of the well whilst racing, however, it's not convenient to be lifting in and out all the time. My fear if it is out of the well, stored elsewhere, is that I may need the motor in a hurry...and then what do I do???
The well on my boat is in the lazarette and exhaust fumes are a big issue for me. I leave the hatches to the lazarette open, however, there's always an embarrassing amount of smoke emanating from there.
At the end of a sail with a transom leg, you can just raise the leg out of the water and be done with it. With a well, your day is not over until the motor is removed from the well and stored. For me - with now a 9.8 h.p. (read heavy!!) - this is proving to be untenable as I simply can't lift it out of the well myself. Don't tell anyone my dirty little secret, but I need a BLOKE to do this

.
Oh, with a well in any kind of sea, gallons upon gallons (frighteningly so) of water end up sloshing over the lip and into wherever the well is set - lazarette, cockpit. Scary the first time you see your fuel tanks upended and awash in the lazarette.
Just my two bobs worth.
Kind regards
Trace