I just don’t personally like this method. I want actual real DATA available to me. If I feel the need to add conservatism to my dive plan, then extending a safety stop is easy to do. In an emergency, I want to know my real MOD and safe TTS. And not have to try to play tricks, sort of like setting your alarm clock 15m early so you have time to hit snooze a couple times. ...no thanks!
I almost completely agree with you., however, if I would dive with a buddy on air, while I had Nx (rec diving, no deco planned) I would switch the computer to air, so that I would be closer to him concerning NDL (The issue about different computers/ deco models has been mentioned, so I usually try to synchronize it as best as I can).
The reason for me is, that I think it is easier to keep in mind the different MOD and stick to the Nx MOD, then it is to guess/ estimate, where my buddy would be concerning NDL. Especially if the dive is a multi-level dive. So the main reason would not be added conservatism/ safety margin, but rather to have a "harmonized" remaining bottom time.
Of course, if you have a buddy that is thinking while you are diving and the communication is, as it should be, this wont be necessary.