Better than nothing and at least if you crash you will crash near rescue facilities.
Many years ago a forlorn voice was heard over the Bay Of Biscay saying " Everyzing is in fog, I cannot land, I will 'ave to ditch" whereupon someone piped up - "Sorry to hear that, old bean - why not try to crash on an airfield instead?"
So, to answer your questions:
how far will you be away from the centerline? - depends on your equipment/aids - anything between a few feet and a few miles
is this kind of approach recommended in this type of situation? - err - perhaps you could list your alternatives?