Someone said it led to broken cranks so they dropped the idea. But it seems they are now being reproduced so perhaps it isn't a problem with billet crankshafts.
I think that the original cranks had a degree of 'whip' in them which would cause the very front of the crank to flex slightly. Fitting the extra bearing made the whole thing too rigid with the result that the crank broke rather than flex. I can’t see what benefit the extra bearing would bring to a steel crank installation.