From a coach's perspective - NO WAY. If you don't like the fact you can't catch and shoot with .2 left, oh well. You played 4 quarters (less that remaining .2 seconds), now use your remaining time as best you can.
As for that not seeming fair or interesting, it is fair and it isn't a very interesting last .2 seconds. But if the ball wasn't OOB, would that team have had that .2 seconds anyway - it would have gone so quickly you never would have known what you missed. The entire game is interesting and exciting, we don't need to add this idea to make it better. A better idea would be to knock the ball OOB with a legitimate 3.2 seconds left so you have enough time to shoot - don't arbitrarily add 3 seconds.
On the other hand, for all you who don't like this and think it is entirely unprecedented, you might want to watch game film from the 72 Olympics
