Easily defeated with the Dip stick or screw driver hot wire start from "shorting" the (B) Batt Positive on the Solenoid to the (S) purple start terminal contact and a wire for ign 12+DC Feed.
Yes your "Kill SW" as drawn WILL work. But would be better describes as Key Start Defeat Switch.
Often "Kill switches" are incorporated into the Coil Ignition Feed, to "open Circuit" and kill the 12+ supply feed to the coil and result in No Start or Engine Stop (Kill)
This question can elicit a greater debate on 'Purpose, Use and Intent'
With Respect can you discuss WHY Kill Switch is needed, Protect car while parked at home in a vulnerable storage, parked while at work, keep a casual unintended family user, Long term unattended parking in poorly secured or monitored structure, past experience (i.e. Recovered) lesson, Low quality insurance coverage, poor economic living neighborhood, multi layered approach to theft prevention and deterrence regime, etc.
Its OK to tell me to mind my own Bees-Wax here,,,,,,,,,,LoL