It's a good idea. Our punting is suspect and our Defense is atrocious. It's by no means clear that we can stop an 80 yard drive any better than a 50 yard drive. But if we go on fourth and onside every time, we'll swing at least 3 or 4 more possessions our way during the game and that's exactly what we should do.
Degrading? Whatever. Match your capabilities to your plan. Makes no sense to sit around and scheme to play field position football when the other team is passing the LOS from your punt in two plays anyway. Keep the damn ball all you can, put the defense in a spot where they have a sense of urgency, and get after 'em.
3rd and 3? Great, run it twice and move the sticks. 4th and 20? Yeah, might punt there, but that's about it, if we're outside our 40 or so.