If you want to be clear about the rules then consider that unless you have the required visual references by the MAPt, which will be 1/2nm for a PAR with a 150' DH you must go around.
Poncing about deliberately high just to get visual with the lights is not legal - just gash! As you say, the rules are written that way for a reason - to stop idiots who think they are clever, crashing trying to get down in out of limits weather!