I use a setup very similar to the one you propose in your original post,using a simple rail from RRS and an L-brakcet, and it works fine for me. The one caveat is that not only does the tripod need to be level, but the camera also needs to be level in the sense that the top edge can't be tilted. It can be pointed up or down somewhat (it doesn't need to be pointing at the horizon), it just can't be nonlevel about the "in and out" axis (am I explaining it OK?). For that, I have a cheap (~$30) bubble level that I first place on the tripod rim next to the ballhead to level the tripod, then I attach it to the hot shoe on the camera to level the camera. That works very well for me; no "bending" issues with my panos as long as I'm reasonably careful about leveling both the tripod and the camera.
I also did some parallax experiments in a hallway in my house with the rail, adjusting the rail position for several focal lengths (I use a single zoom lens for all my panos), and marked the optimum rail position for each on a file-folder sticker I attached to the rail. That takes care of the nodal point issue!
Lisa