One of the world's navies use this bowline exclusively, is it the Dutch Navy? They of course claim it to be superior to the regular bowline. Ashley obviously didn't feel that way, but we've also got to realize Ashley's writings are at least 75-80 years old.
I see alot of tricked up Bowlines on this site, but if you tie the Double Bowline and then tie a DOH stopper, I can't see the need for a different bowline. Climbers and cavers use the Yosemite, which I really like, but IMO, the one I described would sufficiently and safely handle all tasks. Sorry to get off track.