It's totally valid as a netlist for PCB schematics. Some folks have crammed PCB components through a pure verilog tool chain. But it turns out that 'a standard

It's totally valid as a netlist for PCB schematics. Some folks have crammed PCB components through a pure verilog tool chain. But it turns out that 'a standard way to type out a netlist' is not the main thing an electrical designer needs from a language to be productive.