This is an in-development experiment, so its current state is a work in progress. Anything that would ship to users (assuming it even does) would do so in a way that does not damage the general utility of URLs.

Judging from the current state, it won't. Currently, that operation requires 1 click to switch to text mode, a loong second waiting for the fucking animation to finish (who the hell puts animations in the way of user interaction?), then another click to unselect the automatically selected URL.