For reference, I got pretty good at this technique while driving autox, which for those unfamiliar is basically a race course around cones in a giant stadium parking lot, one car at a time. But in my 10 years of driving on public roads, I've never felt the need to use it even once.
Edit: Downvotes? For driving safely on shitty roads? I hope people don't assume Im being a jackass driver just because I use my left foot.
Just because YOU don't see why a feature might be useful does not mean that it isn't useful. It just means you don't see a use for it.
Similarly, while cutting the fuel on break application might be useful or even beneficial in the case of a normal / particularly bad driver (slamming down all the peddles in an emergency) it does mean a drastic change in the human/machine interface. I would say that just like ABS is a good safety feature and airbags / restraint belts are good safety features, the vehicle should CLEARLY MARK these features. Their automation may (EG as in the cases of baby seats) be counter-intuitively less safe in circumstances.
One racing driver technique that can be useful in normal conditions (in a manual) is heel-and-toe braking. I use it to avoid excessive engine braking while downshifting, and sometimes for hill starts without using the handbrake.
Also left foot braking is much more useful day to day than heel-toe. Especially if you ever deal with suboptimal traction. Plus, faster reaction times.