A certain Hans Knappertsbusch conducted that edition and did a fairly good job of it in my view.
My only issue with the Schalk edition is that the last movement kind of stops making sense as a sonata-fugue hybrid if you remove the recapitulation (which Schalk does). However even then, Bruckner authorized Schalk to make the arrangement and was satisfied with the results, or at least so Mr. Knappertsbusch believed, and by leaving the fugue writing uninterrupted we certainly get a more exciting and dramatic flow of music targeting the coda as eventual goal.
I listen to it fairly often although not as often as Dohnányi & Cleveland conducting the original flavour Fifth. And Jochum in Amsterdam but that is more of a special occasions recording.