From my limited experience this is actually not a bad setup. One of the nice things is that you don't have to worry about wall reflections so much...

Take a look at the Wall 'O Fame and you'll see some similar setups, I think...

M60ti, VP180, QS8, M2ti, EP500, PC-Plus 20-39
M5HP, M40ti, Sierra-1
LFR1100 active, ADA1500-4 and -8