I've been playing around with the system, and figured out a tighter mechanism. The Porsche has smaller wheel wells than the Camaro so there should be less forward and backward movement of the axle. This movement is affected not by the moving 'arms' or beams, but by the connector that holds the wheel axle. With a 3-stud length connector, the movement is about 1 stud forwards and backwards.
The original design has another problem, which is that the wheel connector is 3x3 in size, and this is too large to fit inside the 49.5x20 wheel rims. That forces the wheels out, which makes the movement much worse. You can use the 49.5x14 wheels of the Camaro, but they don't look as good.
So, I made a two stud axle connector, and this has a forward a backward motion of about half a stud either way. Also it fits better in the wheel rims. Sadly, the rotation is a little less pronounced, and the rear arms/beams are weaker than the front ones that have the gears attached.
You can adjust the length of the outward arms between 4 and 6 studs. It won't matter. The new axle connector can have either axles or pins through them.
The gears need to be changed from 24-8-24 tooth, to a 20-12-20 combination, due to the degree rotation of the arms.
Above shows an early prototype.
Here it is in the Porsche. As you can see they still touch the edges, but as my Porsche is a shelf queen anyway it will do just fine.