In general I approve of the idea.
However, I think within the context of Anglican, and probably Lutheran, congregations, there are some things to consider.
The first is simply that although our Orthodox posters may see this as a return to an older form, in the West this would represent a change to a very very longstanding practice, and in some ways the older practice - of the Bishop confirming by laying on of hands. It's difficult to imagine that it would be easy to move to having bishops do this at every baptism, so the options would seem to be having them confirm the infants of the parish on a yearly basis when they visit, or chrismation. Some, understandably, might not want to move to the latter option which has never been normative in the West.
So - when we look at this, for us, it does in fact represent a break from the earliest tradition.
The second thing is more about perception. My worry would be that for many Anglicans, this would be interpreted as a loosening up of Eucharistic discipline, which is often not as careful as it ought to be. I can easily imagine people seeing and understanding this not as a strengthening of sacramental theology, but more along the lines of communicating the unbaptized, non-Christians, or even non-humans. If it were to be done, it would require significant education around sacramental theology, and also I would want to see it accompanied by some tightening up of practices around the Eucharist in Anglican parishes.