Do you have any links on this method? Is the limewater your actual top off water exclusively, or do you do both, RO top off and limewater separately?
Yes, it is all of the top off. Most people using limewater from a large reservoir use it with an ATO, or they use a dripper they refill every day.
I discuss limewater in many ways here:
What Your Grandmother Never Told You About Lime
http://reefkeeping.com/issues/2005-01/rhf/index.htm
The Self Purification of Limewater (Kalkwasser)
http://www.advancedaquarist.com/issues/may2003/chem.htm
The Degradation of Limewater (Kalkwasser) in Air
http://reefkeeping.com/issues/2003-05/rhf/feature/index.htm
Magnesium and Strontium in Limewater
http://www.advancedaquarist.com/issues/dec2003/chem.htm
How to Select a Calcium and Alkalinity Supplementation Scheme
http://www.advancedaquarist.com/issues/feb2003/chem.htm