The more I think on this, the more I wonder if it’s truly unpopular “here,” but it certainly is in public.
Headlights should be no more than 2 feet off the ground. Yes, your SUV will look dumb. No, you won’t be able to see as far. But you also won’t be blinding everyone.
And no, adjusting angles does not solve this for monster trucks in the US.
I think it does matter, because the higher the lights are the steeper the vertical angle will be. If you have lights 5’ high trying not to shine in the windshield of a Miata then they won’t be shining very far down the road.