Now you are really making that bike look funky. My only concern with going that high is the load it put on the steerer tube. The further out the bars from where the steerer tube goes in the headset the more force that is going to that part of the steerer tube. At some point the force will be too much and the steerer tube will break or collapse. But how far is too far I can't say.

Still, if its for myself, I'd try anything at least once if it's something I think might help me.