You got most of it. The main shaft's diameter is exactly the same as the main motor's shaft's.
For the stored angular momentum part, it is "angular momentum" of the inherent collective pitch system that allows 300 foot free-fall and yet pull out at the last second with full thrust using the full spool-up rpm speed. It is rotor's "angular momentum", not the craft's "momentum". The variable pitch is critical for illegal urban diving because fixed pitch craft spools down to idle rpm during free-fall of 300 foot drop, and the craft can't spool up fast enough to pull out alive in under 1 second. It is stunt video, not suicide video. Prime example is illegal trump tower diving
. It can't be done with fixed pitch helicopter because the idle rotor won't spool up in 1 floor drop after a 50 floor free fall.
But quads with small angular rotor momentum will never get long duration military missions that is exclusively helicopter because when we half the rotor diameter, the newton laws half the fuel economy. If we stretch a stunt multi rotor's propeller blades to twice length, it will look like a cargo helicopter, like the Chinook, and won't be able to do the stunt dive.
Collective pitch 3 servo systems are at the sweet spot of both long duration missions and stunts. The dawn of this new trend is this other video
.
I think the 'gaining momentum as falling' has nothing to do if you have a 2 or 3 servo system installed?
But if you can live with cost of the components of a full 3 servo configuration you should do it since so much proven configurations and settings can be used.
Also, for your build with small power you may get away with a tiny gps and the internal mag of a revo nano unit to make a RTB function. That would help a lot right?