Sounds like Mixed Martial Arts to me Don!
I personally like this approach to training. it isn't for everyone, but if you have a particular risk factor or concern that you feel is important to mitigate....training this way is the only way I know how to do it properly.
IMO, if you train in traditional aikido you will become very good at traditional aikido. If it works in a fight, it works. It may or may not work depending on the day of the week your feeling, mood, awareness, hydration level...or any number of factors.
Also, IMO, if you want to be a better fighter...train as you fight and fight as you train. It is as simple as that! Last I checked you don't "train as you fight" in an aikido dojo for the most part.
Aikido may be a part of your training regime, (for fighting), but it is no where near complete as a methodology.