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ValgallaWolf, this is far from being the most versatile tactic. Firstly, you won't be able to use it against single-unit creatures (executioners, commanders, air elementals, etc.), and secondly, you won't be able to use it against powerful, fast-attacking ranged units (blue archers, druids, assassins, etc.), not to mention casters (priests, mages, liches, etc.). In other words, you have nothing to replenish your losses with.
Moreover, in the replays, I see that the archers are constantly attacking with "Lac" and dealing only about 750 damage. A cleaner battlefield, fewer "Lac" spells, and a few more dragons, and that's it.
At the same time, the regeneration method works against absolutely everyone, except perhaps a large number of water creatures or titans.
P.S. Yes, you can't defeat Jarls with archers either. 4 storm bolts to the face at the start, and there are no more archers.
If we're talking about strategy, then one hero (the first) goes with blue flies and archers on a "dwarves" map (dwarves bind, defend, cover the archers and flies, and towards the end of the battle, the flies take out the dwarves, thereby minimizing losses), and the second hero levels up by fighting with regeneration.