I think if the shoes or cam were different (by design or thickness of lining), I'd never do anything like this. However, it would seem to me that one or the other shoe is going to have a self servo effect one way or another. In its present position, the cam would rotate anti clockwise, but would still push both shoes to the drum. The 'lower' shoe would still acquire self servo effect. If the cam were designed differently, I could understand the issue better, but it's not.
I'm reminded of someone who I read about changing their rear brake from underslung to up 'n' over for modification reasons, and there didn't seem to be an issue.
I know the brake stops the bike extremely well. Reckon I'll do some testing with it and report any issues back.