Anyway, you can drive however you want. I've been driving like this for over 30 years all across the United States and I have never been pulled over, cited, rear ended, or even, as far as I can recall, honked at while pulling this particular maneuver so I think some of the risks you are imagining may be overblown.
To use your phrasing, the risk of anything bad happening after a not-quite stop may be overblown.
Since the failure mode is an auto accident and the cost of the habit is marginal I feel comfortable promoting this behavior. I have definitely seen accidents and many near misses caused by people who failed to come to a complete stop and look around when conditions did warrant it.
Another lesson I learned in driver's ed is that traffic approaching from the left can be traveling at a speed that completely synchronizes with the A-pillar of your moving vehicle, causing it to be completely invisible to you right up until the moment it collides with your front driver's side fender. This is why I stop and move my head around while I look, to make sure I'm not missing anything. I'm just a stupid human after all.
You are correct that it's not compulsory to turn right on a red, however, if you are going to turn right you can't just stop in the middle of the intersection you either stay back or you go.
The second stop may actually be illegal in its own right depending on the state.