These days I worry more about availability than popularity. Fortunately, LDO's are commodity items, meaning that there are often multiple suitable choices with the same footprint. I haven't done the legwork so you'll need to check for yourself, but the one you've chosen might fall into that category; SOT-25/SOT23-5 is a popular package for LDO's,
Even if a fixed regulator would suffice, I would plan on having the flexibility to use adjustable versions. That means leaving space for a couple of resistors around the adj pin which is normally unconnected in the fixed versions. All of this improves the odds that you'll be able to keep you circuit going even if specific components become impossible to obtain.