For what it's worth, I like the idea of the halo angled down rather than being flat. Not as convinced about the back also having the UFO angle too.
Thank you! Yes, I am coming around to your and @Rfisher's perspective and I think an open back would do it. An issue is that with > 3.5 mm of girdle + pavilion depth below the bezel, i would need a fairly steeply raked halo to keep the culet from protruding -- that's a lot of drop over only < 4mm of baguette length...
I could make a larger diameter pendant -- but could never afford the sapphires.