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Free movement of UK people to and within the EU could be attractive to EU states and companies, as it will allow them to continue to employ UK nationals. However, if the UK doesn't reciprocate, then it's not going to be able to work/trade within the single market. I think this might be a situation where the EU benefits from UK labour, but doesn't have to share the benefits of trade tarrifs, easier customs etc. with the UK.
Bearlegged
I can't see them putting this through. Any citizen that signed up could essentiality get free movement without any of the downsides (such that they are). Everybody in the country could sign up and Britain would get free movement by the back door.