The hose doesn't need to be expandable, it's just acting as a hammer arrestor. It used to be done on a lot of pressure washers, till the price of spring loaded hammer reduction chambers became relatively inexpensive.
The reason for the inverted U shape is that it lengthens the life of the trapped air in the hose. If the hose is left straight, the water can absorbe the air easier. With the inverted U, it acts like a plumbing trap, and the air gets compressed instead of disolved. Trapped air is an interesting thing, especially when you try to bleed it out of a hot water heating system. If you ever noticed a steam pressure gague, it is fed by a pipe with a complete circle, pigtail, to prevent water from reaching the gague itself.
It's just one of those natural phenominons engineers constantly try to overcome.
My thinking is the person who originally installed the system had a [censored] good reason. Do you really want to find that reason the hard way, for the price of a WellXtrol tank?