Your method seems to work in Kendo UI Web, so thanks for that. I'm going to mark this as answered.
However, my project runs on both Web and Mobile (via Icenium/Kendo UI Mobile). Just FYI, your method does not work with Kendo UI Mobile because of an apparent bug with KendoMobileListView. For the KendoMobileListView, the DataBound even does not fire. I am unable to report this bug on the Kendo UI Mobile Premium Forums because I do not have a license for Kendo UI Mobile (since I use Icenium, there was no reason for me to purchase a separate Kendo UI Mobile license. It might make sense if you guys give Icenium subscribers access to the Kendo UI Mobile Premium Forums). I did, however,
report this to Icenium, though it really seems to be a Kendo UI Mobile bug. The linked bug report also mentions how you can view a working example of this bug in Icenium.