Looks virtually windproof too.
Yes! It's the ultimate cold weather stove.
The original concept came from Gunnar Finn who produced his KAP Arctic stove which is considered by many to be the ultimate harsh weather/extreme cold stove.
The original had an Optimus 111C type burner (although I believe the 111T type burner would work as well). I believe the Swedish military used the stove for winter operations in the far north.
A bit of background on the KAP Arctic.
The KAP Arctic is no longer produced, but it can be emulated by installing a kerosene or gasoline burner in a Trangia set up. The combination produces a very efficient, very windproof stove.
HJ