You can be that low on any 16 inch wheel. Just compensate with tire sizes. Although you'll probably mess up the wheels going that low with a smaller profile tire.
If you are cambered which he has to be to get that low, then yeah your going to go through tires. Less contact area means more stress on are actually contacting. Lower profile tires have less depth, meat, tread, whatever you wanna call it. Going to wear to belts faster.