Here is another example, an axiom from propositional logic:

    (impl (impl p (impl q r)) (impl (impl p q) (impl p r)))

which, vertically indented in a transposed block, looks like this:

    * (                                               )
    *   i (               ) (                       )
    *   m   i p (       )     i (       ) (       )
        p   m     i q r       m   i p q     i p r
        l   p     m           p   m         m           *
            l     p           l   p         p           *
                  l               l         l           *

which, using transposed lines within the transposed block, finally looks like this:

    * (                                                                                           )
    *   *impl* (                               ) (                                              )   *
    *            *impl* *p* (                )     *impl* (                ) (                )     *
                              *impl* *q* *r*                *impl* *p* *q*     *impl* *p* *r*       *

This time I won't make any judgements. Could be good, could be bad, you decide.