I personally would not. I have seen serious lye burns from spills with such a strong lye ratio. Sure, once it’s mixed with the oils it’d be safer, but I’d be very hesitant to recommend it since one small splash could be severe injury.
Also remember that 50/50 (50% by weight of both water and lye) is the absolute amount that the lye will stay in solution. If the room is cold, etc- the lye could precipitate out with such a concentration solution. Too risky for safety, and too risky for good soapmaking practices in my opinion.
Also, what is the benefit to such a concentration? Faster trace, faster curing, something else? If I know of some benefits, I could consider the risks vs the benefits, but I can’t see any benefit at all to a 1:1 mixture just pitfalls.