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I would not do this, lifting shadows will compress the contrast in the shadows unless you lift the whole image and ruin the overall exposure.
Compressing the contrast in the shadows will ensure that DCT based compressors will compress the shadows more.
There is no secret, exposing right and tinkering less will give you the best and least problematic images to work with in post.
.... but until we hear more from Sony - or someone in the know - your guess is as good as mine.
If this functionality ends up just baking in an exposure offset lut – can't you do the same by baking in the P5:S-Log3 LUT in the current firmware, and then setting to an EI other than 2000?
I've considered doing this to rate the camera below 2000, but skip the exposure offset step in post. I monitor off of a 502/702, so I can drop a 709 LUT in there when necessary and free up the camera's MLUT feature for this. I'm sure I'm missing something?
I've attempted to search for anyone else talking about this but "slog3 to slog3 lut" is not very googleable.