An aspect you need to keep in mind is shock loading especially with an escapement type mechanism. You do not mention how fast these rotating gears move: Does one go from 180 to 360 degrees in 1 minute or 1 millisecond. I am one of the most mechanically, as opposed to electro-mechanically, minded guys on CNCzone but this is one problem I would give to someone who could do it using servos or steppers simply because it is possible to control acceleration and speed. The position relationship could easily be monitored using absolute encoders and the position holding with brakes on the servo or just simply by the stepper. An added advantage to doing it electro-mechanically is that playing with the movement ratios, angular amplitude and speed is trivial being just a programming change. If you are not exactly fixed on what ratio, amplitude and speed is best it is almost certain that it would be less expensive to do it electro-mechanically.
And you should not complain about $140 per hour (Assie dollars I assume), if I wasn't retired you would pay me $150CAD per hour to build something and I wouldn't even consider it unless the total project was worth over $5000.
An open mind is a virtue...so long as all the common sense has not leaked out.