@Bob *********
As long as the loophole is not closed you can, no discussion about that.
But that does not make it a resident visa, and you cannot expect Thai institutes to adapt to DTV so it is more a resident visa.
When someone is choosing to use the loophole he or she has to accept the disadvantages of that, like no bank account and just a temporary 2 year drivers license.
And also you can expect that the more it is used in a way it is not meant to be used, the more checks there will be about still complying to the visa rules the moment you do a border bounce.