You're right - I completely missed this way of arranging it. It's not cursive then, but still looks good to me.
Thank you for your input!
Just a little FYI: German
kursiv = English
italic. (English
cursive means “gebundene Handschrift”, or what we called “Schnürlischrift” in school here in Switzerland. :p )
(Typographical pedantry: your design is actually an
oblique, because it is only slanted, without otherwise changing the lettershapes as true italics do. But in common usage, we just call them all italics.)