No offense, but that is the dumbest thing I have ever heard.
What you are saying is that you shut the engine off when it is moving to try to save money on gas?
and you have selected an antique design platform with a huge air cross section, that is horrible on gas to attempt to do this with?
No Motor. NoPower Steering.
No Motor.No Power Brakes.
Mechanical wear and Tear.
Not to mention that every time you start the car there is a massive load applied to the alternator to recover the electrical charge in the battery.
Not only is it irritating to your wife, but it will never result in any cost savings.
It is reckless and dangerous to other people on the road.
I want no part of this
With that logic though, mazdaspeed3 is also reckless and dangerous especially when chipped and boost limit removed from first and second gear, but people still do it and are praised to do it. I've been doing pulse and glide for years and so have thousands of others. I don't recommend it to anyone that isn't ONE WITH THE CAR, if you know what I mean. But to clear up some of your misconceptions:
1. It doesn't wear out the alternator any more than when you crank the stereo up or when you install any kind of woofer, I'm not talking about running the car for hours with the motor dead.
2. You loose power steering, but that's only bad if you weren't expecting that to happen. Also, i believe that's hackable in MZ5, i just haven't gotten around it, doesn't it use electric power steering? either way, my previous cars were much more difficult to turn than MZ5 with the motor killed, you just get used to it.
3. You have full brakes for at least 4-5 pumps, in the entire time I've done this, I maybe had 1 or 2 instances when I needed to pump more than 3 times when the motor is coasting, not a problem though, just pop it into gear and you're back in business.
4. It makes you a more engaged driver, thus a safer driver, you're constantly paying attention to your surroundings, drivers around you, etc...
5. There's no wear on the starter since most of the time you're bump starting it, rarely will I be sitting at a stop light and needing to restart with a starter, in those instances its still justified since it was likely a long wait. If i see a stop light turning yellow, I slow down way early and will coast to it in a way that still allows me to restart.
But here's some number to digest from my Nissan Versa MT for example:
Doing 80% 2-mile city trips (car is in warm-up stage mostly) I would get 26mpg. Doing pulse & glide with the exact same driving cycle I can get almost 40mpg. The 26mpg is also being very frugal in driving, but without killing the motor. With mz5 I'm certain I can be 30+, but could probably be even close to 35, we'll see.
So, it does pay off, and it doesn't wear out any part of the car any more than normal.
There are companies out there working on stop/start hybrid technology that could be retrofitted into any ICE car. All you need to do is replace the alternator with a more powerful motor with some smart electronics. You also need to have an electric PS and electric Brakes, both are possible. This is simply a manual way of doing this.