sharke, here's my take for what it's worth....
The biggest issue with something like this is, the old problem we've always had with bass and kick. And that is...when to boost the lows in those instruments vs. just boosting the volume. So if you used this technique, you still have an issue as to whether or not what you are hearing is based on your faders or that your low end levels have been boosted.
Most of the time, the levels are what need to be adjusted more so than the low end levels being boosted on said instruments. The biggest issue for people is knowing which to increase. For example, newer mixes are adding sub low frequencies with tighter Q's. We have bass hitting down into the 40-60Hz range while kick drums are being accentuated from 70-90Hz for their low end push.
A few years ago, it was reversed. Kicks were boomier and bass guitars had more of a tighter low end from 70-90Hz. I actually prefer that to this day for myself. I'm not crazy about all the sub low bass that gets used today. Though it seems to be industry standard because the world is listening on ear-buds, it doesn't have to be MY standard. I think it sounds horrible. I'd rather my kick give me a thud that sounds and feels like a baseball bat to the stomach and my bass play the supporting role so I can literally play the thing and not worry about it getting lost in low end.
But the object in all of the above, is to know when to boost lows as well as which ones, and when to just turn up the fader. I can't see how this technique would help anything to be honest. If you ARE in a situation where your kick or bass IS pushed in the low end area and you try this, you may be left with an instrument that is more felt than actually heard.
This is a huge problem with bass guitar today. If you had to audition for a band with some of those sub lows the bass are pushing out, you sometimes can't even pick out what the guy is playing. It's so loaded with mud and rumble. If you were to have a bass like that and use this technique, your low end is already boosted....making the bass louder than the kick by 3dB will introduce more mud. I'm with Dan C....definitely use your ears and forget about all these new techniques people are trying to push on us that supposedly simplify or make things better.
Off topic a bit...but sidechaining....there's another useless technique for people that basically can't make a kick and bass work properly without frequency masking. So they hook something up that allow the instruments to take turns. Like really? Here's where it can work nicely...
You can put it on rhythm guitars and a lead guitar. Or, any rhythm and lead instrument. When the lead kicks in, the rhythm instruments back down allowing the lead to take center stage. When the lead is done, it's back to your regular scheduled program and the rhythm instruments are back where they need to be. But read that again....it can also be taken care of with something more simplistic. Automation. :) If we can't handle frequency masking, there is no sense putting a band aide on things. The fix is simple...side chaining in THAT situation, is as silly as using hyper compression on everything for the sake of being "loud." Just my take though....people should use whatever works.
But it's like anything in life for me. Before I learned a single dirty word in my life, my mother taught me all the clean words. All the parts of the body, all the slang words came at about 4th grade, unfortunately. BUT....I knew the real stuff before I learned the slangs and the shortcuts, see where I'm going with this? ;) I think it's super important for all of us to know how to handle issues before we resort to short cuts or simplified techniques that really take something away from the mix. That's just me being me though. :)