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TT Signal Multiplexer V1

This is a simple device to multiplex signals down a single large connector. The levers are user input signals which are multiplexed down the large connector, then demultiplexed on the other side and the guages show the same values as those the user inputted.

Shown in the example is just 3 signals + 1 sync signal to to keep it simple, but this can be expanded to any number of signals.

This system relies on signals always taking 1 tick to move from 1 logic block to another.

Components and functional description:
In purple is a simple autostarting cycling clock, which puts out a one tick pulse to the next location every tick. i.e 1,2,3,4,1,2,3,4,1,2,3,4 and so on
In Red Yellow Blue are parts that directly relate to each signal.
The black number and numerical switchbox are the SYNC data. This is set to -99999999 in this example, but it can be any number that your system won't use.
The first red threshold on the output side uses the SYNC data value -99999999 to write data on the next tick to the red memory register. The signal then travels each tick down the push buttons, which then writes those memory registers.

The next version up from this I would like to side by side multiplex in some binary signals as well.

Comments welcome, probably not the best description but I'm quite tired! hopefuly you find this useful.

EDIT : updated and made slightly simpler after bouncing some ideas off Tajin. Thanks Tajin!