I like the idea, but it seems complicated. What I started doing on recent batches is just snip the corner off a large gallon size ziplock bag and then put the entire airlock inside the bag. I zip-tie the snipped corner around the airlock tube just above the fermenter grommet. While I could let the bag fill up with co2 from fermentation, I just purge and fill it from my c02 tank and seal it up prior to cold crashing. I have not seen more then about half the bag volume of C02 gas get pulled into the fermenter going from 70 to 35F.