How likely are you to clip off your light, vs donate gas on a given dive?
Also, what happens when you transfer the light to your right hand? Do you then rerun the cord again just to do something with your left hand quickly?
Part of the steps of learning how to donate gas, is moving the light cord out of the way after gas has been initially donated (and similarly for returning your reg). (And yes, trading the long hose with the light cord is GUE standard)
With running the light cord behind (i.e., between your body and the long hose), and clipping it off temporarily, a worst case scenario of annoyingly not rerunning the light cord, and someone loosing/not having access to gas (free flow/reg failure/tank failure/etc) ... your up donating/routing S*** creek.
With the light cord infront (i.e., 'trapping' the long hose), there is still enough length to donate your regulator, stop, stabilize and assess the situation to carry on with the next steps and actions.
The length of the hose being 7feet doesn't mean, kick your teammate out to the end of the 'leash' and let them figure out what's going on. It's there to provide a way to do an exit of the waterspace that requires the full length of the cord, and gives you some options on hose routing depending on your exit strategy (contact swimming ascent from either side, gives room to shoot a bag for a 'coloured' water ascent, enough length to be towed if scooter diving, and enough length for a single file exit in a physical overhead environment).
The only time I have issues with light cords, is monkey diving with my LED canister. It's a little long, and stubborn (cable bends). A quick wrap of the line around my wrist/elbow takes care of it for streamlining (or take slack with my thumb).
BRad