That a way to super avoid looking at the camera. Looks good. Another fine product out of BB fabrication.
How's the suspension on your trailer? Stock leaves still? I've seen where a lot of people run a trailing arm type suspension with airbags, any thoughts on running something like that? Seems it would do wonders as opposed to the old leaves, maybe throw a swaybar on for reassurance if it sways to much
the jeep tub trailer we built was as heavy if not heavier than this m416 and it had half as much space.
the m101s are VERY heavy and would be heavier empty than mine is fully loaded with tent and gear.

How about taking some v channel and mounting it left to right on the tongue (kind of like the roof racks you see, but sideways). Then make a support bar that sticks up with a clamp on the end to grab the bike frame. Loosen the handlebars on the bikes to turn them sideways while carrying and you should get two on there. The only question is if it messes with your turning radius and/or the bikes may hit the back of the jeep when coming out of a deep dip. And also you most likely won't be able to get in the back of the jeep while loaded.