Yes I accept that from a legal point of view, calling visual is a way out of that situation. However, think of any subsequent inquiry, should this approach not end well. You would be accused tunnel vision or push on itis. With or without SOPs we have to draw somewhere. I believe it prudent to draw that line well within the limitations of what I, or the aircraft can do. On occasion you may find it neccessary to operate to those limit, and possibly through no fault of your own (eg on board emergency).
To be fair, everyone is posting based on their own interpretation of just how out of shape this approach is. There is plenty of information left to the imagination here. But if 1000' fpm will just maintain 4 whites all the way down, then touchdown is at best going to be at the far end of the touchdown zone. Sounds ugly to me.
A colleague of mine told me his previous company was once very proud of the low number of go arounds they had. Once they implemented OFDM and saw why that was they weren't quite so proud.