In the pictures of that particular design, I didn't see much reduction between the flywheel shaft and the output axle. It looks to me that the primary goal there was to be able to locate the axle as low as possible by not having the big reduction sprocket on the main axle causing more CV angle and less ground clearance. Likewise the 14" flexplate on the main axle wreaks havoc with ground clearance.
My point is that if you have a standard design chain drive/reduction from the motor to the rear axle, then you add a chain with a big reduction to the flywheel, to slow down the reverse speed (like say a 6:1) then you could have a pretty high speed flywheel which will be hard to accelerate and decelerate, as well as it could be dangerous, and have another high wear chain on it.