Typically the posture you mention belongs to the Vinyasa/Flow/Power Yoga practices. It is not part of my practice or my teaching.
Anatomically, to do the pose with the left and right hips (ASIS) equidistant from the front of the mat would likely “encourage” excessive and unhealthy curve in the lumbar spine. Since some students are hypermobile in this region (read: fold rather than arch) it would likely “feel right” but not be in their best interest when spinal disc health is at the forefront of their priority list.
Additionally, we develop habitual patterns in our practice (which also feel good as they are rote, familiar, common, and long-staniding) and until we are deeply self-aware AND have removed the veil of ignorance in our viewpoint, which Patanjali calls Avidya, (ignorance, the first of five Kleshas) we need a clean view. This may come from a sound, well-trained teacher. And is a good reason to attend class periodically to prevent unwholesome patterns from taking root as wholesome ones.
When the pose you mention is done from an open-pelvis position (Vira II) the frontal side body is stretched. Unfortunately that stretch is at the expense of the other side which is shortening. However if one is attached to doing the pose I’d do it from the open-pelvis position as it is far better to have a little nerve agitation than it is to collapse in the lumbar spine during a backbend.