Sounds nasty. I haven't heard of it :-).
I'm trying to figure out what is the point of such bonus cutting. Probably if someone is attacking and has "natural" moves while the other has to "use his brain" to defend.. To not let the side with better position to gain time advantage as well. Sounds fair :).. But I haven't played on such timer.
Bronstein Timing is similar to Fischer Timing. Players have some time at the beginning of game and then after each move they receive a bonus of a few seconds (let's assume 3 seconds for now). The difference is that if you use less then 3 seconds (the bonus), you receive back only the time you used for your move. So you just get back to your previous time.
Have you ever played with this timing?
Do you like it?
Do you think we should have it in Live Chess?