I would say yes, that and other means of doing so … for instance Mark Knopfler’s use of thumb & 1st finger on the fast arpeggio licks in the Sultans Of Swing solo that play a few successive notes on one string.
Good point. I think using thumb plus finger would seem more natural from a folk/blues viewpoint (like Knopfler’s).
I’m classically trained on piano, but not on guitar. I did, however, utilize classical guitar resources (books, videos, etudes, et cetera) when learning and developing the technique.
I play folk fingerstyle and travis picking and yes I use this techniques. Not so much, but it does come in handy every now and then. I think of it as the equivalent of alternate picking when playing with picks.
As Jason @J.W.C is saying it makes fast runs smoother. I practise it by playing scales in fingerstyle - 2 or 3 notes per string before moving over the next. I alternate between p and i mostly and try and get it smooth, and then also i and m.
I guess all your picking is Travis picking
Thanks for your reply. I will try this out.