True, if you are only considering points shared between the two setups, such as the spot where the higher angle stem is clamped to the steerer tube and where there are spacers with the lesser angled stem. But you are neglecting all that extra steerer tube above the spot where the higher angled stem is clamped (and which doesn't exist with that setup). All that unsupported steerer tube is feeling something in order to transfer the load to the aforementioned shared point.

I'm not saying it can't be done safely but why do it when there is an easy alternative?