It makes geometrically beautiful wiring, thanks to being able to group the phase conduits with the phase busbars, but magnetically ugly wiring.
Concentrating simultaneous/same-direction current, means that you amplify the magnetic field surrounding the conductors. Due to AC's time variance in current, it also has heating effects in all iron-based material around it. If you can remain in nonmetal conduit with nonmetal locknuts, and have only bottomless enclosures where you don't need to slit between the openings, you can do it according to the NEC.
I'm uncomfortable with being required to cut a slit between openings in the bottom of steel enclosures for isophase installations, because it causes you to lose the enclosure's mechanical integrity. I'm aware that is what you have to do to reduce the undesired magnetism effects, and it is good that most equipment in ampacities 1000A and larger will have an open bottom anyway. Switchboards, transformers, transclosures, etc..