Carry on if you are happy with the technique.
I don't use CSS positional displacement to "Hide Text" for any purpose and reccomend that others also do not.
Good intentioned (white hat) design practices should be of no consequence to the SEs.
However, in the world where frequently changing Algos are the frontline weapon against SE Spam, combined with CSS being one of the Spammers main Weapons, I would not put my faith in this technique not being robotically penalised possibly already but if not, very likely in the near future.
You must have noticed the number of panicky posts "My sites dissapeared from Google" after major (or even minor) algo revissions.
Tooooo risky for me with a vulnerability factor outside my control. I would not dare employ this technique on any of my clients sites.
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