Deloads are great when needed. I ran Wendlers 5/3/1 for a while, it always called for the last week or each month (or 4-week block) to be a deload.
Early on when building up the poundage's / progression, I didnt like to do the deload (felt I didnt need it) as the weights got heavier (week-8, etc) I would gladly take it.
I throw one in (a week-long deload) now when I feel I need it.
My wife is doing the 5x5 (Bill Starr's original version) where he programs a Heavy, a MED and a Light day into each week. (M-W-F routine).
A smart way of doing it also, while also progressing up each week. So many have copied and tweaked his program (which he wrote back in 1976) one of the best weight-training books.
I ended up w/ a signed copy from him.
Today is a weekly "off-day" as far as gym is concerned. (I take every THU and SUN off, (3 on, 1 off, 2 on, 1 off).
Went on our daily 1-hour walk this AM.
Then I shot over to the inlaws and did their lawn for them (pushing it for an hour) felt good to get a couple hours of movement in today.
Pasta, meatballs, sauce all cooking now...
Happy SUN GetBiggers... 
GR,I`ve done similar stuff to what you`re talking about above over the years, but what I`m doing is much simpler though it`s been effective for me so far.
The first three days I train heavier with much more volume {nothing insane of course},then I take a rest day,then the next three days are lighter with greatly reduced volume,then another rest day,then ......wash,rinse,repeat.
Since I am training every bodypart twice weekly and haven`t done so in decades, I think it`s a good approach.
I remember reading an old 1970`s Iron Man mag when Rader ran the book and in it Vince G. said to train forearms on a seperate day than your regular arm day as this tended to "feed" the biceps with oxygenated nutrient enriched blood without actually breaking down the not yet recovered biceps muscles.....his words,not mine.....but I kinda feel that if there is any creedence to this that this is what I`m doing on the lighter days.....I feel great,get a nice pump twice a week instead of my former once a week per bodypart workouts,I look much better, and am not overtraining so I can`t complain.