It’s more like the ovary carry, if you’re a female.
Right between the tummy and the front of the pelvis.
If you’re a man, this means the barrel is pointing at a lot of stuff you don’t want to lose, and for both sexes, the femoral artery is dangerously close.
Great for concealment, but it gives me the willies.
For that reason alone, I would first ‘explore other options’.
Human Beings are not like Starfish. Once an appendage is gone it doesn’t grow back.
Yes, it is great for concealment, as well as being quicker to draw, also being at the center line of your body, better for retention, should you find yourself in a struggle. Also if your knocked on your back and mounted, ala, George Zimmerman, it will be easier to access, with the restricted shoulder movement.
Where ever you choose to carry, practice is key, and I spend almost equal time drawing/dry firing, as live fire practice.
I’m a urologist, and I’ve operated on several men who carried pistols in this fashion, and it’s usually to remove a testicle, and sometimes to repair the penis.
Interesting fact: you can usually tell whether they are right- or left-handed, since they tend to hit the opposite testicle, based on the direction of the barrel.
In short, not the method of carrying a weapon I would choose.