It's a problem only if you put the Lifeline on the threaded side of the adjuster wheel. If you install it as most users do—on the nonthreaded side—there is no issue with fit, unless you keep your bridge lower than the thickness of the Lifeline. In that case, you can have your luthier trim the bridge leg/foot.
I discussed this with the luthier, he's installed over 100 of these things. I like the sound, but I don't want anything to be interfering with main function of the adjusters, even if it's a .001 chance of creating failure. I'm gettin' crotchety I suppose! Good thing is that I have that Headway, very nice preamp. I had the Band pu which worked well, would of worked even better withe matching pre..but the unsolicited jokes about diapers and "Depends" got old real fast! Must bassists suffer so much just to be heard?