I bought one of these and I think they are great but for the life of me I can't figure why some one thought it is better to put the bolts in from the bottom. some times things needs comon sense too.
I'd guess the thing was made by a company that also makes scope rings for .22 rimfire rifles. All they had to do was use a standard top half for the bottom piece and make a new piece to hold the spirit level on top. A cheap but easy way to make one for low cost and high performance. But it might be a bit difficult to install on a mounted scope.