I have mine up at saddle height. But I have also ridden it more 'road' or 'cross' style, with some drop.
I prefer the hooks where there are now, as I also use this as my mountain bike.
I ride the hoods and the hooks probably 60/40. Spend very little time on the tops, unless climbing or cruising along snacking / drinking.

The splay is excellent. So much that I moved from the Nitto Noodle on my IF to a Cowbell bar, as I missed the slight splay.
Cowbell for long road / dirt road stuff. Woodchipper for mixed terrain.
Far better than the Bell Lap. Much better without that dumb ergo bend, and the drop is not as extreme.


The stable by mbeganyi, on Flickr


Salsa Fargo, Woodchipper Setup by mbeganyi, on Flickr