Yes, that is probably the best alternative. However, the main problems are
1) rigor; comments have a tendency to be whatever pops into a person's head rather than a rigorous assessment of a business model. I think rigorous feedback would provide an opinion on each component of a successful business.
2) reputation; I know people here are very smart, but if you have a selected pool of entrepreneurs you can guarantee a certain level of reputation for your feedback. On ycombinator, you can still get a scathing review from a 17 year old startup wannabe and then sit there wondering whether they really know what they're talking about.
3) non-disclosure; when you post on ycombinator, your business plan reaches a public audience and gets indexed on google. With a random selection of 3 reviewers from a selected pool of advisors, this narrows the audience down, and furthermore you can get NDAs from them. Also, if your business magically appears the next day, you have some legal recourse if it's one of the reviewer's best friends.