Allen,
It could. But to be honest, I don't know if I ever that a front standard drop accidentally. The Phillips locks down pretty snugly.
There is a lock mechanism on the camera that levels off the front standard so that you can do rise/fall without a tilt. This gets in the way of the shutter and that is way I mounted it upside down. It is also easier to see when the camera is placed at a high vantage point.
If you move the locking mechanism to the other side of the front standard, they this could be mounted right side up.
John
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