I used to use something like that. I would suggest securing the coils together (ziptie maybe) and using a bag for your hops. The wort line is a thin one and brewers tend to feed it by gravity. A clogged line would be a terrible way to end a perfectly good brew day.
Actually it uses 3/8". Better than a 1/4" but I would still use a bag. I had a glogged line once and it sucked.
Reason: Noticed it was 3/8"