I'd like to mirror what's been said: this is a complex acronym. Not much wrong with Ye Olde AAA - Aimpoint, Aspect, Airspeed.
I can see S...A...F...E...A...oh crap we've landed.
Edit: And to add, I think it's a great idea thinking and discussing what constitutes a stable/safe approach and landing - I don't want to be a whiney pilot! But maybe a bit too long to be used as a tool to replace existing methods.