Yes you will often get away with it, in a similar way that many people get away without following best wiring practices for DCC.
The real problem is that people see the advice to "add" or "subtract" and read across to other bits in CV29 which might already be set. Adding or subtracting will then cause a carry or borrow into the more significant bits, messing up other settings. That's when the fun really starts and is, I suspect, the source of other peoples issues with setting CV29.