hate the idea
Based on my database, playing these hands oop was a major leak for me once i moved to 200nl (breakeven-ish at 100nl)
I certainly cant see itr working well at 2/4, but there is lots more limping in that game (so it seems) However, the 'top' players eg biggest winners arent limping.

Ive seen the minraising thing, not sure about the whole theory behind it (havent really looked tbh) but i dont see any benefits other than calling 3bets with big pairs for deception value.
I think people havent adjusted to this style yet, but will do eventually.