Not on a singlespeed, but I ran this sort of thing on a tandem crossover drive.
The idea's that there's a slight arc in the upper driveside chain run, so the higher tension there pushes the ghostring down, increasing the tension the lower return side. This evens out tension throughout the drive.
It definitely took some of the slack out of the drive and helped communication between captain and stoker by reducing the 'knock' between the drive side and return chain runs.
I slip the ring in before tensioning the chain, not after.
...and it looked cool
All the best.
The idea's that there's a slight arc in the upper driveside chain run, so the higher tension there pushes the ghostring down, increasing the tension the lower return side. This evens out tension throughout the drive.
It definitely took some of the slack out of the drive and helped communication between captain and stoker by reducing the 'knock' between the drive side and return chain runs.
I slip the ring in before tensioning the chain, not after.
...and it looked cool

All the best.