1 More fluctuations in water temps. 2 If your outdoor furnace goes out and the water cools you will be cooling your hot water.
Well, I forgot to mention that I have a mixing valve installed, which I feel you MUST have running it this way, so #1 does not happen.
As for #2. If your furnace cools down to the point of no hot water.......if the circulater pump is turned OFF, and you then turn on your HWH and let it warm up, (I have never needed hot water so quick that I couldn't wait for it to heat itself up first) it has no effect on the hot water. At least mine doesn't. Maybe just a slight length of time for faucet to heat up, but nothing to write home about. Without the boiler water moving, there is no heat transfer in the HX.
And if you are not home to turn off the pump.....who needs hot water?
But, like I said, to each his own........free hot water, no matter how you get it........is still awesome