I agree that there are true switches out there and that they are able to enjoy either roles within a relationship, I am talking outside of the bondage and role play element here.
However with regard to true BDSM relationships, in my opinion, and this is from experience, yes changing the balance of power with regard to one dominating the other works well, however there is and has to be, always a dominant leading the sub.
when push comes to shove one is the holder of the power, the fact that they are able to temporarily hand some or most of this power to their partner to reverse the roles during play, only reinforces their dominance in so much they know they can reclaim it when ever they so choose to do so.
I am particularly drawn to the exchange of power play within BDSM, as such I would not be able to switch roles fully within the same relationship.
I am either a dom, or has happened once the sub, as a sub it was very difficult for me at times but the thought of switching was never really an option.
In powerplay, both partners know who the dominant one is, to switch this completely I do not feel would work, certainly not for me. Subs wish to be dominated, for them to respect and love their master, he/or she the mistress has to have the ultimate total control.