Hi Rob,
I think you need to be careful utilizing this technique for your fold lines. For starters, you need to be sure that the line width is maintained when PPD, or whomever else, outputs the file. This shouldn't necessarily be an issue, but it could be. I use Autocad rather than QCAD, but in Autocad the plotting of line weights can be controlled by color or by an actual line weight assigned in the drawing file. Either method can also be overridden, and there is also the option to scale plotted line weights if the overall scale of the plot is changed. So there are some variables which could affect how the etching company outputs the lines in your file. There is a possibility that they control line weight by color, since the drawing standards for full, half, and zero etch are very much oriented around color.
The other problem as I see it is that even though the line displays as the desired width of the fold line, it is still mathematically defined as the "zero" width line between the two endpoints. There isn't any area actually defined by the thickened line. More importantly, the areas on either side of the line, that you presumably do not want etched, will be larger by 1/2 the thickness of the fold line. This is because the edge of the non-etched portion is also defined by that "zero" width line between the two endpoints of your fold line.
This also may not be an issue, because of course the photo tool is what prints out, not what is mathematically defined in the cad software. The more I think about it, the more I doubt that you will have an issue. But it is something to think about, and might be worth a consult with the etching company on both questions.
Jim