Define "awesome"? In practicality, they sound like a great idea. I didn't use these in particular, but Home depot's version...
They were nearly impossible to get inserted right... I did a LOT of guess and check work on a scrap piece of wood... like 7 different bits, including pre-drill hole techniques, experimenting with different sized bits for both drilling and pre-drilling, varying depth, etc.
At the end of it, the joysticks are all in and mounted, but these nuts made things veeeeeery difficult. I think the end result is better than carriage bolts, but i'd for sure recommend going with a t-nut under a cpo rather than using invisible hardware...



About the only thing i could possibly have done different, would be to use a drill press (something I don't currently have available)...