Cable lacing has its uses but those uses are nowhere near as common as the internet would have you believe.
And before you ask, I feel similarly about the western union splice. It's an outdated relic from a time when man hours were cheap and materials were expensive. They are very rare today for a reason.
And yes, I know this will be a very unpopular option here. Most people who understands the nuance of the trade-offs of various ways of securing wires are smart enough to avoid commenting in here. Obviously I am not that smart.