Any insight into the reasoning behind the aforementioned method would also be appreciated.
It's an attempt to have all four tires turn about a single point so that all four tires roll freely without any lateral scrubbing while cornering. Legend has it that "to avoid disturbing the gravel in the driveways of the well-to-do" may have provided additional early incentive for development of this concept. Understand that the idea of steering the front wheels by different amounts dates back to the 1870s, with all that implies with respect to road, vehicle, wheel/(tire?) development and cornering speeds/lateral accelerations.
The method itself appears at least in part to make use of the nonlinearity of the sine function and the angle the tierods make with the steering arms rather than just the angle of the steering arms themselves. You can get ~parallel steer, >100% Ackermann, or anti-Ackermann just by moving the rack longitudinally in the vehicle and affecting this angle.
When you apply that angle from the kingpin axis to the rear axle centerline to the steering arm, are you using that for the physical angle of the arm itself or as an angle to locate the coordinates of the outer tierod pivot relative to the kingpin axis at the steering arm elevation and then building a steering arm to fit? The presence of any steering arm lateral offset means that the virtual steering arm doesn't coincide with the physical one. If you're working with the physical arm orientation I think that any given offset would push the intersection of the construction for a front-steer arrangement back faster than it would pull the intersection for a rear-steer arrangement with the same length steering arms forward, though I don't know which would represent the greater effect on %Ackermann.
Anyway, and as Greg suggests, it's at best an approximation thats most applicable at low levels of lateral acceleration. Lots of things are being assumed in the basic construction that's typically illustrated, including zero static toe at the front and zero static toe/zero toe change at the rear (none of which is necessarily true and usually none are).
Understand that the relation between where the steering arms are pointed and the directions in which the tires are actually traveling is not mechanically fixed either. Once you have much of anything going on in the way of slip angles and lateral load transfer, by definition you don't have pure rolling any more, contact patches move around, and the construction itself will be "off". Hence the use of computers (or lots of instrumented test-and-tune).
Unless you're designing primarily for low speed on unpaved roads (golf cart?) and/or really short-radius turns (fork lift?), there isn't anything particularly sacred about 100% Ackermann correction.
Norm