The most prefered option for non-balanced 3-wire electret microphones to which the 4.7kOhm mod applies is to run them the way they were designed to be run - natively in 3-wire mode rather than modified so as to work in 2-wire mode. As far as I'm aware, this preserves the full specifications of the microphone: The higher SPL handling capability which the 4.7kOhm 2-wire mod is intended for, without the associated reduction in sensitivity and increase in self-noise as necessary trade-off.
The main reasons this arrangement is not used more frequently by tapers is that it's less convenient and less common. The vast majority of non-balanced gear accommodes 2-wire input (signal+power, ground) microphones rather than 3-wire (power, signal, ground). For the AT mics in native 3-wire mode this requires either AT phanom-powering adapters that provide a balanced output (some models of which can be powered by a AA battery as well as phantom), or a 3-wire battery box providing a non-balanced output. Can't run 3-wire mode mics directly into the recorder without a 3-wire input battery box, phantom adapter, or preamp powering them.
Unlike the 4.7kOhm-mod this arrangement will not reduce the microphone's sensitivity. Microphone output will be correspondingly hotter at any given SPL.