Actually, no, I do not have it "wrong" and neither do many well respected audio manufacturers who may do this differently than the "AES way". I think if you do a little digging, you would be surprised to find that many audio cables terminate the shield in a balanced cable at only the source end.
I am very aware of the "pin 1 problem" papers, etc... My point is specifically that there is more than one way to do this, and there is no definitive "right" way, except for the closed minded.
For example, consider Ayre, they float the chassis of their preamps entirely, no pin 1 connection to chassis, and no AC ground connection to chassis. Now, go to Stereophile.com and read the measurements of the Ayre KX-R preamp, see any "problems" associated with this way of doing things...
Certainly, if one does things by the "AES way" it will work, and especially in the complex enviroment of pro audio, where controlling ground loops can be a very complex issue, it is advisable to follow the "AES way". But, in home audio, especially with DIY, we have other options available, which may actually improve performance, we can explore those options. As long as we consider all connected components (including cables, many audiophile cables ae unshielded as well) as a system, and do what we need to to avoid ground loops, we may find better performance through a different wiring scheme.
The point of this question is to ask if anyone has tried this yet, not to get lectured about the "right" way to do it according to the AES.