define color palette in less files

I would like to propose extracting all the color references in the less files that are hard-coded and pull them out into a color-palette.less file that is loaded by the other less files and use the colors by @background-color type references. Is there any concerns or objections to this approach?
I believe this would make customizing the color palette for branding purposesmuch simpler. Also adding new widgets would be simpler and more consistent without having to track down hard-coded color references.