Nostalgia, really -- I have fond associations of these with childhood train journeys.
I could just about imagine a genuine use case in some kind of hostile environment. You could probably make one of these very resistant to water/temperature/radiation, with the controller kept safely out of the way.
I used to have one of these, but left it above the radiator. All flaps warped beyond repair :( So if you're going for resistance to harsh environments you'd have to source a better material for the flaps, at least.
Hm, after watching and listening to videos of these displays at airports and train stations (don't think I've ever seen one in person), I thought the flaps in the commercial ones were made of thin sheet metal because the flipping sound was somewhat sharper than the OP version.
I think they'll work... Somewhat? As the card is pushed through the face, there's a small amount of spring energy that it stores by bending, which gets released when it makes it through the opening and propels it forward + downwards. Normal gravity just adds to that motion and keeps the flap moving down. Zero g doesn't help as much but the card should already have momentum out of the gate. In zero g the problem may be more dealing with the rebound as the flap hits the bottom of the frame - it may bounce back up and float. May need some dampening or magnetic trick to keep it down...
I could just about imagine a genuine use case in some kind of hostile environment. You could probably make one of these very resistant to water/temperature/radiation, with the controller kept safely out of the way.