Personally- I use it for both. But that's primarily because i find that I can keep the mount much more effectively if I have a high mount. Having a low mount requires far too much strength and effort for me to maintain the position without getting rolled. People that are stronger than me can usually buck their hips up when I'm in a normal mount and will require me to base my arms out. This forces me to abandon a strike or submission setup to keep from getting rolled. When in high mount, I'm not over their hips so it really provides me a way to not worry about their hips. I can just squeeze the knees together and throw strikes to set up submissions or vice versa.
If I were 6'5" I'm sure I can implement a few other alternatives as well!
