thats not an alternative to thin lube, thats cleaning the bearing. Cleaning the bearing is basically getting rid of lube, while thin lubing is lubing it. lubing makes it more responsive, or just spin smoother and less noisy, while cleaning makes it completely dry, and spin way better than lubing.
Note: Thin lubing makes cleaned bearings more responsive.
Technically no. If you switch from some factory lubes to thin lube, then yes you are making it less responsive. But, after you clean a bearing, thats as unresponsive as your gonna get. When you add thin lube to it at that point, you are actually making it a bit more responsive, but less than if you were using thick lube. But the point of thin lube it to protect your bearing, and make it a little less noisy.