Josh's installation sounds about the same as mine, and also the same as a good friend who has a Mod. IV Speedster. FWIW, my friend had his accidentally triggered while his airplane was sitting on the ground and he didn't notice it until about 10 minutes later when the monitoring agency actually called him, so it worked just fine. I believe that there are quite a few installed that way in Kitfoxes. You definitely need to have a good airframe ground to the mounting surface and hence to the base of the antenna.
This is what mine looks like, except I lowered the mounting plate position so that the tip of the antenna is below the surface of the cargo bay sack now.