How is it that the high center of gravity theory is flawed? What are it's disadvantages (besides flipping the car)?

 

ttt

 

I think you will have to elaborate a little more...

 

In the 60's tire technology was crap they hiked up the front of the car and even altered the wheebases to get weight transfer onto the back tires. However they were kind of miserable to drive and because of the height and also had to deal with drag of air flow beneath the car .

 

See how the car is raised, and the driveline is offset?