Actually, it isn't better than wirenuts. That plug most likely isn't rated for the voltage of the ballast. If it stays like thay for a while, the prongs might weld themselves to the female end.
You guys know I changed this right? Now the ballast box has a terminal board from my busted traffic light and I used two lamp wires and the M-400 R2 socket and connected the wires to the screw on the terminal board, and have the wires from the ballast connected via slip on connector straight on the terminal block. I have a pic of it.
Yes there are other better ways to do this though....