Darren,
while your design has the necessary articulation, I worry about wear. Every tack, jib or sail trim will have metal rubbing line or plastic.
My thoughts are a more direct steal from David. Double tapered cones with two bolts like his, but the bolt holes elliptical rather than round. Horizontally they would bend just like David's while the elliptical holes and taper would allow limited vertical articulation. No lines, no plastic.
Regarding wear of the wooden plug, I await a report from David on his experience.
Dennis