But, once more, this is anecdotal recall.
A similarly structured contemporary book is David Fleming's "Lean Logic: Dictionary for the Future and How to Survive It" [1]. A true masterpiece of composition IMO, and a work that took the author 30 years.
Interestingly, this work ethic also links to Luhmann's views on the time span of research relevant to him. Quoting a paper I found on the matter [2]:
" In 1962 he received a scholarship to Harvard and spent a year with Talcott Parsons. In 1968, he was appointed professor of sociology at the newly established University of Bielefeld, where he worked until his retirement. Shortly before his appointment he was asked on what subject he wished to work at university. His reply was: “The theory of modern society. Duration 30 years; no costs.” He consequently realised exactly this theoretical program. At the time of his death in December 1998, at the age of 70, he had published an oeuvre of over 14,000 printed pages."
[1]: https://www.amazon.com/Lean-Logic-Dictionary-Future-Survive/...
[2]: https://www.academia.edu/17063506/The_Legacy_of_Niklas_Luhma... Reference: Bechmann, G., and N. Stehr. "The Legacy of Niklas Luhmann. Society, January/February 2002.
https://en.wikipedia.org/wiki/Niklas_Luhmann
The main reason it's so hip because Luhmann used it.
So, if your work is similar to Luhmanns and your cognitive profile is similar to Luhmans it makes perfect sense to try it out.
But I have no idea how you could test it's effectiveness in any sense that would provide results that are scientifically or statistically sane in any way.
Personally I've tried a "zettelkasten light" and I've found that I can keep my personal random research findings better organized that way - so instead of having just a page in a notebook, building an actual index of the notes as well, and linking thematically identical topics together seems to keep my thoughts better together. Been doing it only for a few months, though, need to see what I think about it in few years.