I guess it depends on personal taste. But Also, a lot of spinal injuries can be evaded with a correct position. Two hands on the wheel at 3 and 9. Moving your right hand just for shifting. Also, how tall are you? I'm just 5 with 8. Some guys here are over 6'.
You know the most that I fear regarding a hit at speed. My right knee with is just about the console. Ouch!
What I really see is the NASCAR drivers that are up there with the wheel almost being able to be driven with their nose. Since they are endurance drivers. Haveing your arms extended for very long periods of time must be very tiresome. Closer is better I guess.
After I get home from spending 5-6 hours behind the wheel of the RAV I like to put my hands on the handle bar of my Roadie with the left controling the clutch and the right with a wide open throttle but that is a personal preference