I use this same technique all the time....pretty much every time I'm shifting while on the gas hard. It's my oppinion that speed shifting (or power shifting, or whatever you call it) is better...for two reasons
First, by not using the clutch you're not giving it an opportunity to slip if you gen on the power a bit early. Also, because you're not using the clutch, there is almost no time for the drive gear set and driven gear set to get out of sync speed wise...this is what makes a nice easy 'slip into the next gear' shift.
If you've ever shifted at speed while the engine is idling, you'll know what it feels like when the 2 sets of gears are moving at different speeds
*BANG*