I don't like that idea of conduit with no bends etc...aesthetically speaking anyway, but yes, it does protect the cable where it needs protection, and the small areas of exposed cable are unlikely to be a problem...but for me, its one or the other...
Except in my common entrance hall where i am spurring off a communal socket to supply a feed to the bin store! I'm going conduit up the wall from the socket, then at height, clipped direct into a nice adaptable box, switching to H0Rn through the wall to the outside, clipped direct to external porch ceiling, then into bin-store and direct to microwave sensor bulkhead fitting.
It won't look pretty, but the 1mm t&e Linian clipped to the facing-brick wall 7' above floor level will be almost invisible, compared with trunking or conduit. It's horses for courses sometimes...