I have been advocating this approach for the last 3 weeks, its defiantly the way to go, if Larian won't include an options page to customise the game im pretty sure some modders could do it.
Its basicly giving the player the option of a GM thats more suited for his/her playstyle.

also would like to see the following options.

Fast travel ONLY from portal to portal.
Only long rest (Main camp) acess from a portal or town
Only short rest from a safe area
Short rest has the chance to get interrupted.
Push distance is STR based as pr 5E ruleset
Jump distance is STR based as pr 5E ruleset
Sneaking characters can be detected by noice (not really viable to sneak in full plate mail)