Regular sump filter without drip system needs additional space for water in case of return pump fails.
If I understand with drip system this additional space in sump is always filled with water if return pump operate or not. And drain pipe is installed above that additional space in sump. So in case of return pump failure all excess water will mainly go to drain, but in sump will be enough water for sump to work. Right?
If I understand your post, I think you have the general idea.
With a drip system, you plan to have over flows since you are constantly adding water. You simply have to pick how and where you over flow. I haven't run a drip system, but my preference would be to overflow the sump directly into a floor drain. I'm sure there are many other options and methods, and some might be superior to the one I like.
With a non-drip sump system, you don't keep adding water, and you don't want
any unplanned overflows since unplanned overflows can end up pretty much anywhere (like the floor.)
In my mind, the extra sump capacity can allow the entire system to shut down and let "in process water" (water in the overflow box, water above the tank overflow line, and potentially water in the pipes and tubes and not in the sump or tank) to all go to the sump without overflowing. Set up correctly, this should be fail proof, although again bad things can happen.
Also, just to be clear, this assumes the sump is below the tank, which isn't always the case, and it assumes the tank is truly over flowing, and not siphoning (down a tube or through a bottom vent.) In those cases, the above would be very different.
Maybe I've made some mistakes in explaining this, but hopefully it's clear and correct.