The problem with immortality in this way is that you ain't gonna die of old age- you're gonna be killed in some nasty way like a car crash or knifing.

If it's x
50 years in the future, then I can handle it...
The age reversal is not automatic; after sexual maturity is achieved, a second factor needs to kick in — a kind of stress. This stress could be, for example, being sucked into a ship's keel as ballast, transported around the world then ejected into a strange new world, or a morbid fear of turtles.
This makes it sound like environment plays an equally important part. Why is stress required?
Maybe it's similar to starvation in humans triggerring super-efficient use of food for energy... a kind of hard-wired survival adaptation. I can't wait to see some scientist try to explain why after injecting a guy with jellyfish genes he now has to make him a gimp... just for science, of course!