Yes, it's correct - fatter tone and a bit more output, to compensate for the fact that string vibration is much narrower near the bridge.
I think it could sound fine, if you want richer mids than the 59N and have a fairly strong bridge humbucker to pair with it.
I probably wouldn't choose it for a dark or midrangey sounding LP but I bet it could be great for a bright or thin sounding one. Or a Strat.
59s aren't especially tight, but IME they're seldom actually boomy at the neck in a Les Paul, except one with a pretty deep voice, or maybe for high-gain players who normally would be choosing something tighter for their neck anyway.
PAF types at the neck in a Les Paul like being set quite low from the strings, nearly flush with the mounting ring.
Can be set to a more normal height in a Strat. At least that's been my experience using them in LPs and Strats.