Looks like a good way to quadruple (or more) the length of a hill

Seems like you'd need to maintain a pretty good speed to keep from losing momentum and falling over on the sharp turns, but maybe the angles aren't as acute as you drew them. I would think it to be an unsafe practice on steep grades and a waste of energy and time on more gentle ones, but everybody has their "thing," and if you like doing this, have fun.