Before deploying this, do some analysis of your system and failure modes. And document it.
For example, do you have read-write filesystems or swap? If it gets corrupted, will a reboot cycle with fsck corrupt it further, preventing post-mortem forensics? This may have security implications too.
What about network access to a shared system? Will a power outage cause a stampede on your servers? Should you stagger that 60 value?
Just a few questions to ask.