Oh, I didn't say it was smart. :8 I don't think you'll find it in any current manuals as SOP. :)

... but if you were flying a freight Westwind in the 80s or 90s then that's pretty much how you flew. No Flight Data Monitoring. Very little in the way of training or checking. No GPS or TCAS either, for all that. No moving map displays.

Chimbu is spot on here, most of the time its not an issue however some jets (not mentioned) when light can have a very difficult time in slowing from 160 at 4NM to meet the company approach criteria of final config and within Vapp/ Vref+ criteria.
I worked for a group that had quite a lot of FDAP pings in that space simply because of aircraft type and trying to meet ATC requirements and those of the company. On the odd occasion that we were allowed to fly it like you stole it 350 to about 9nm was the best I ever saw with the boards out most of the way down the pipe and chucking out everything as we got to the limits and final config (not speed) was achieved at about 600 agl

YA PUSSY! ya supposed to select fuel cut off at ten miles and do it. :)

A hint as to why one smacked the ridge at Alice Springs and killed two pilots.