Pepa-
I, like you, was surprised by ULR's reply to your suggestion. So I thought about the dynamics involved, and I think I have the answer. Lets see if I've got it...
If one drops that waterwheel into the creek for the undershot, the water speed at its point of contact will determine the wheel speed. If you then add the hipshot to the machine, the wheel wont spin any faster because of the undershot keeping the RPM- the hipshot would be fighting with the undershot. BUT with both, under & hip, the torque goes up, allowing a larger alternator. I think.
Just thinking sometimes gets me into trouble.
Keep playing!
David