That's not the same at all, you can still only drag the move bar – and it focuses the window, bringing it to the front. Moving and resizing background windows can very handy.
I didn't notice moving and resizing background windows is enabled by the OP writeup and am not in a place where I can implement changes.
Does
defaults write -g NSWindowShouldDragOnGesture -bool true
in fact enable manipulation of background windows?