Yeah I've heard a lot about this. I don't think I'm going to be using the pickups blended very often. Actually, I don't even think I'm going to be using the bridge pickup solo'd very much anyway. I really want a P sound because I just bought a boutique Jazz.
The only real reason not to do it is that it might not work as well as you hope. Pickup balance is a problem with P/J's unless you go active. It's an age-old problem. The only good way to do it passive is the way Fender did it with the Tony Franklin.
