Although not often seen, a Watt's linkage can also be set up so that the bellcrank is mounted to the chassis instead of to the axle, with the lateral links attached to the ends of the axle instead of the chassis, one running parallel ahead of the axle, the other behind it. This works best when the bellcrank is laid flat (horizontal), and mounted above the axle. The bellcrank itself can be made U shaped to wrap around bulky axle items like the pumpkin. Since the bellcrank is not sprung, it can be made beefy enough to take the bending loads, along with suitably sized pivot bearings.
The advantage is in packaging, with an added potential bonus of lower unsprung weight.
Not always the right answer, but a handy trick when needed.
Lot's of interesting variations in Watt's links are possible. Check out what they did on the rear of the PT Cruiser, the bellcrank and links are asymetrical. One side is larger than the other, but the ratio of the bellcrank arm to link length is the same on both sides. The links themselves are not parallel, they angle upward from the bellcrank to the chassis:
http://www.chrysler.com/en/2009/pt_cruiser/performance/handling/
Carter Shore.