The OP may have a slightly older textbook. The AIM used to say, not long ago, a procedural track must be flown "exactly as depicted". The AIM still says you need to be "established on the inbound course"
after the entry. Parallel entries don't necessarily establish on the inbound course by definition and, speaking of definition, there is no definition of where the "entry" ends. Besides all that, the AIM paragraph cited does not say "The HILO only requires crossing the fix twice." It does say if additional circuits are desired to notify ATC. In other words, additional means more than the first one and by your definition there is not even a first one. That said, I agree with you.
Everybody wants to head for homeplate as soon as they are pointed in that general direction, including ATC. If you don't want to, let ATC know and go around the race track.
The irony is, by either the conventional wisdom or the AIM's strict construction, inbound courses within 30° to the fix are probably the most likely to get "established", yet require the most racetrack maneuvering to be considered "completed". The reason is distance. With no DME, etc., you don't know when to slow down on the intermediate segment.
dtuuri