I've designed a few cellphones in my day, and while you won't _break_ your cellphone (if it's halfway decently designed), I doubt you'd get any charge into it that way.
When you plug in your phone to the charger (start of your 3.4 seconds), the entire system wakes up (uses power), and tries to figure out whats on the other side of the USB cable. This takes "a little while", and the phone won't pull more than 100mA over the USB port until it's done. This uses a bit more power. Also, the screen most likely turns on, which uses _a lot_ of power.
I think you'd end up draining your battery faster than you put power into it, unfortunately.