In Dusk OS, I implement does> but with one level of indirection removed. Rather than using create, you bind any number to a behavior. Example:

: foo 1+ does> . ;

42 foo bar

bar \ prints 43

If you want, you can add the "traditional" indirection in the initialization part, for a similar effect.

So, not quite the same, but almost, and I think it echoes the intuition you have, which is also mine.