Not sure what you mean by 2). If you're suggesting polling, then that sucks, because one important feature of an init system is to restart processes immediately.
All in all my point is that Go is a very poor language for this... worse than Python (which I also tried and ended up using). I think it's great that the author is experimenting though -- I think that's the only way to make these issues clear.
An init system has to call wait, that's one of its primary tasks, especially on orphaned processes it inherits.
Though I wonder if you can work around all this by using signalfd (http://man7.org/linux/man-pages/man2/signalfd.2.html) and have SIGCHLD delivered through normal file descriptors - I don't know the low levels of Go enough to know if you can integrate a raw file descriptor with its runtime, or whether messing with SIGCHLD causes other issues, but it might be worth pursuing.