| I've spent some time working on this and agree with the general idea that unless you are covering a Victor tune, it's not of much use to me. However, I have found a use for it when playing songs that are played with a pick.
Specifically: Animate by Rush, and Heavy by Collective Soul. It's the only way I could get the sound I was looking for and still stay relaxed and groove it.
I'm not that into slapping, but I have tried to apply it there and I've found that I either have to do it the conventional way (thumb hits the string and bounces back) or the Victor way. I am not good a mixing them up and find that difficult to do.
Obviously more practice would make it easier to mix them up. | 
