Yes I do and it is one of the methods I teach depending if its a high wing or a low wing aircraft I am teaching in.
I have 1000 hours instructing under my belt.
It is one of 4 methods I can teach BTW depending on what the policy of the school is, what aircraft type I am in and also what works for the student.
Personally I don't go for it myself prefering to teach the get it to a base point how ever you like or low key as you would call it. And the the low wing types get taught constant aspect and the high wings get taught a more square base then finals.