I don't know how you'd get an induction stabilized rocket spinning. Canting the motors at the wall of the induction tube doesn't sound like a good idea. Separate spin motors might work in theory but ignition delays would be problematic. I remember someone flying a football that was spun up on the pad....but how the heck do you keep the igniter in that thing??? All this makes me want to build a good ol' 3/4FNC!
NO -NO! Not 3/4FNC! That would be way too sane, and smart, and nice, and safe, and traditional.
The real rocket science guys I have talked to say you just can't get a traditional model rocket spinning fast enough, soon enough to be stable at liftoff and still have a modicum of efficiency for flight. That 3/4FNC is just the way to go and that is that. Darn! Now I want to build 3/4FNC!