Good point.... I was thinking from a snow plowing perspective. If it were just as a winch to aid being stuck it's an alright position. At least untill you need both hands holding the bars.... working the winch buttom and wiggle rocking to get unstuck!I did the same thing.
Then I plowed snow and discovered I had made a mistake. I moved it back to the handlebar. If you don't plow snow, you might not hate this location.