"I see no code requirement that every receptacle be "rated" for 20 amps. It is allowed to place 15 amp receptacles on 20 amp circuits."
True, but where does it say a 9' 15a extention cord count as the required receptical? Now if it were say hard wired as a "Cord drop" it might, but would be need to be rated for 20A. That was my thinking there. IMO pitching this as a suitable replacement for the code required receptical is nothing but trouble, and misleading to designers and architechs who generally have no idea of codes or thier meaning - and those who just dont care.