Load bearing is excellent... especially when sheathed as shown in that picture. It's like the keel of a boat, upside down, which is exactly what was intended in those days when it was developed.
You can build a form for making the trusses. If you can find boards that long, they might bend without steaming. The blocks between the boards in the truss should be through bolted, or fastened with two Tre-Lock lags, so they cannot slip at all.
It doesn't need collar ties. The one shown is just used during construction. I'd add more stringers (longitudinal members inside the trusses).