I am now in the Modern era in my game and after building a few Banks etc. I did switch to the 0 research occasionally when I wanted plenty of gold to promote my military units. I found that the time saved in not building new units could be used to build further improvements in my cities. Even at 0 I was still producing some research from the contributions of Specialists. So I think I have benefited from this technique used appropriately.
Except you haven't used binary research there at all; you've exchanged less research for more gold and then used the gold. Which is not an invalid approach, but has little to do with binary research.
5 city empire 35 raw commerce per turn, 0 gold in bank. At 40% slider breaks even. In this ten turn period which approach steady or binary [4 at 100% 6 at zero]wins and by how much?
Just because you can produce a case without rounding errors does not mean that there are not cases with rounding errors where binary research will make a difference.