To answer your question, I also think current trends toward overexposure to bring up shadow detail makes for fat negatives and soft edges from irradiation. I was taught to keep the shadows down on the toe and the 'correct exposure' was the shortest one with the minimum amount of shadow detail. From the early days of photography, the old adage of 'you can't print what you don't have on the neg' applies to the situation when you weren't sure of the exposure, best err on the side of overexposure and you will most likely get a satisfactory print.
This 'shoot at half box speed and cut development by 15-20%' has evolved with the Zone System promoted by AA. It comes from The Negative which is regarded as the 'bible.' I, however, don't ascribe to that method and would like to suggest another well regarded text: Developing by Jacobson and Jacobson. It has a more conventional approach to exposing and developing/printing than Ansel's approach.
For example, shoot a roll of 125 speed at 64 with shortened development and a roll at 160 with normal development and examine under a microscope. The roll at 160 is going to have much better edge sharpness and less clumping than the roll exposed at 64; with half box speed you will even see bleed under the frame edges from light traveling/being dispersed through the emulsion due to excessive exposure. This becomes very evident when enlarging 35mm films but isn't necessarily a problem when using sheet film.
Also, when exposing to place all tonal values on the straight line portion of the curve you must compress tonal values in order to fit the image on printing paper, which has a shorter range of values and makes for a flatter looking print. Moving the exposure down towards the toe will give better tonal separation and will better fit the paper curve with more pleasing results, in my opinion.
Remember, there's always more than one way to skin a cat (no offense to cat lovers).