Lukas, would this mean you have to have two installers or the one version will select the appropriate approach based on the OS version?
No, just one installer. However it will use either KEXT or SEXT solution based on your macosx. SEXTs will be used only on BigSur.
Good news is that if you update from Catalina (or older) to BigSur then we can switch to SEXTs immediately.
Bad news is that you'll have to set up again the "rights" for System Extension in System Preferences. However our new setup wizard should guide through it. And you need to set it up only once.