What does that get us?

From a performance perspective it's going to be slower (admittedly by only a small margin) (See http://adtmag.com/articles/2000/08/22/effective-exception-handling-in-java.aspx for evidence, see "Effects of try/catch Blocks on Performance")

From a code readability standpoint, I'd argue that the current form is more readable, but that's entirely subjective.