I'm not really following you with respect to "height" (or "too tall"), which is an odd dimension to use in this case. The VIM tool has a sleeker profile in the sense that the male and female universal joints permanently pinned to the extension are the same diameter as the extension. Yes, building the equivalent tool with detachable parts, the universal joint attached to the male side of the extension is going to be wider than the extension. That could, I suppose, create obstruction issues, in some unforseen use cases. I can't imagine what they might be, but yes, as I said above, it's bulkier than the VIM tool on that end.
As for slop, most of my drive tools have secure connections, with friction balls, for a very tight fit. I might even trust it more than those pins.
But to each his own. If you're happy with what you have, that's all that matters. I'm not trying dissuade you. By the same token, I remain unpersuaded.