When designing a knife (or knife lock) there are a few questions to answer-
1. Will it work?
2. Is is consistently reliable?
If a person is designing something just for their own amusement and/or satisfaction, and they will be happy with producing one example for personal ownership, then the only limits are how much money and effort they are willing to put into it. And of course, the limits of physics.
But if a person is thinking about mass-production, or even a limited run, then there are other questions to answer along with the first two I mentioned-
1. How much will it cost to produce the parts? Precision machinery and skilled people to manufacture the parts, or the cost to have others manufacture them.
2. How much will it cost to assemble the final product? Time equals money in a production factory. The longer it takes to assemble something, the fewer you can assemble in a day.
3. How difficult is it to assemble? Is it complicated? Will assemblers need special skills or training? Will assembly require special tools, perhaps tools that need to be made (more cost).
4. What will the final, finished product cost the consumer?
5. Is there a demand? Is it a better "mouse trap"? Will people prefer the new design over all the other existing options? Will people be willing to pay whatever the final price is for the new design?
I believe that these are questions that any knife manufacturer would ask themselves when considering using a new lock design.
As far as your specific design, unless I'm missing something, it looks like it's designed so that gravity is what causes the balls to drop out of the blade divots when the button is pressed, with no springs or other design features to force the balls out of the divots during unlocking of the blade (I base this on your diagram and description in post #12). If this is correct, then I see a few problems-
Because there are three balls, and because the balls are positioned around the pivot, if a person tried to unlock the blade by holding the knife with any "edge" of the knife facing up/down, then there would always be at least one ball that would remain in the corresponding blade divot, and the blade would not unlock. The same action of gravity that would cause one ball to drop out of the blade divot (pulling the ball down), would also cause a ball on the other side to be pulled down into the blade divot.
Now if a person held the knife with the sides of the knife facing up/down when they press the lock button, it's possible that all three balls might drop out of all three blade divots, but maybe not (reliability).
This problem might be solved by using only one ball and blade divot instead of three, but then there's this-
If the tolerances between the ball and divots are tight, and they would need to be tight to prevent serious lock-play when the knife is open, then that would increase the chances of one or more balls sticking in the blade divots when attempting to unlock the blade. And then there's oil. Oil could cause one or more balls to stick in the blade divots, especially if the tolerances between the balls and divots are tight.
Also, there is always the question of how susceptible the lock mechanism will be to failure due to crud like dust/dirt/lint/ect getting into the mechanism and causing failure (blade not unlocking). Any opening/gap in a knife, no matter how small or narrow, is going to collect crud if the knife gets carried.
On the other hand, I can see the possibility that by applying pressure to the back of the blade (normal closing of a folder) the blade divots themselves pushing the balls against the edges of the holes in the pivot might force the balls out of the blade divots and into the pivot during unlocking (not having to rely on gravity), but such a lock design would involve some very precise machining, and that brings back the issue of lock-play. Because the balls, pivot, blade divots, and piston all have to work together to keep the blade locked, the machining tolerances would have to be so tight to prevent lock-play that I think it would be cost prohibitive.
THAT WOULD WORK
In my opinion, I don't think the design would be practical or reliable enough to be feasible. Or at the very least, that production would be cost prohibitive on any kind of scale.
None of this is intended as criticism or discouragement. I'm all in favor of people coming up with new ideas and pursuing their dreams. And it's always possible I could be wrong.