Hell, in it's current form it's entirely client-side; hardly seems like it should even count as a CAPTCHA. $(form).attr("action", $("#mc-action").val()) and you're done.
Even with server-side validation, it's still trivial to break; it only requires tracking a line through an otherwise blank image.
This is fundamentally unusable as a CAPTCHA, and can't be made significantly better. The whole point of a CAPTCHA is to be difficult for computers and doable for humans, hence stuff like warped characters and image categorization. Tracking a line against a blank BG is not difficult for a computer.
> as it doesn't have widespread use, they won't bother putting in the effort
But this can be said about almost any Javascripty custom trick, and there are ones that no effort from user and don't have accessibility issues beyond requiring JS.
I did look at the readme. The client-side issue isn't a real problem. The fact that it's easy for computers to solve, on the other hand...
I get that it's a proof of concept, but it's a concept that doesn't work. You can't make recognizing a line easy for humans and difficult for a computer. The best you could do is introduce noise and make the line a shape that humans are likely to recognize... and bam, we're back at warped characters.
It would be easy to solve if you were doing it perfectly... harder otherwise... and I bet if you do a perfect shape (ie completely on the line) it gets refused. Or at least, that would be clever if so.