Two points:
Yes it does work (I'm told), trim out your approach and feed in a bit of power to cushion the touch down.
You have two elevator cables, so a single failure could be coped with by trimming against the working cable, giving control by increasing or decreasing the back/forward pressure.
I know someone who hit a post with his tailplane on a go around, folded it up into the fin and still landed OK with no elevator and not much rudder.... where theres a will...