Patrick,
It seems that your method is in essence the same as flashing the print (you are simply adding the overall exposure simultaneously with the negative exposure instead of before or after).
This does reduce the overall contrast of the print, and, especially the way you describe it, is a good tool.
However, flashing reduces contrast and tonal separation in the highlight portion of the print, whereas the SLIMT bath does just the opposite, reducing shadow separation. I have been known to try both with difficult prints... the look is definitely different. Although I use the techniques only rarely, they are both in my "bag of tricks."
Just an observation.
Best,
Doremus Scudder
www.DoremusScudder.com