When I go forward in really snotty seas or weather, I like to say low. If a wave breaks (I'm down low and try to become one with the deck between the toerail and the coachroof. I have double teathers for all of our harnesses (a 6' and a 3').
Of course, I think a lot of men overboard are in cases where people get surprised or complacent. In those cases, a high clip (if you're amidships might be a benefit.
The other possiblity is that if you went overboard forward of the stay, like at the bow. You're going to be lifted to stay -- instead of "shifted" to the stern.
i'm not sure i'm sold, but interesting.