I've pulled the timing plate and reinstalled it with the head on. Haven't had any problems with it in the several months that have gone by. I replaced my timing belt pulley last week and checked for oil leaks.
I agree that it's not the best way to handle it. If you are trying to make this the last time you're going to have to open the engine up that you should just pull the engine and do it all by the book. I do expect to strip down my engine in the next couple years, but I have confidence that the seal will hold up just fine. Of course, if it breaks down, I am enough of a realist that I'm not going to cry about it.
Is there a specific reason you don't want to pull the head? If you've already done the HG you can rest assured it goes MUCH more smoothly the second time as most of what was going to break broke the first time.