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I think in some sense one would rather not ask these questions; you might like to take the position that you should never talk about univalence without funext (or you should never go without funext, period). In a way I think it's a point against HoTT that it doesn't discourage us from asking these questions. You would never be tempted to think about this in cubical type theory, for example, because funext is built in at a much more fundamental level than univalence is. I've certainly come out of this feeling like we still have a lot to understand about foundations.
Jonas and I have a similar taste in weird models and weird axioms and we had a lot of fun working on this. We're also eager to think about type theories with funext from now on :) Anyway, Jonas will be presenting this at MFPS this summer!
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