I actually like this idea if you can manage with the impedance of the standoffs and stuff in a good circuit. I think its worth experimenting on. I appreciate a solution that is not someone trying to jam putty in something. Actually serviceable.
What I would try is header connectors (perhaps a row of fine pin pitch ones in parallel, like a 2x or even 3x row, to make a low impedance connector between the riser board.
For the stand offs, I would use 4x solder mount threaded standoffs from Keystone or something like that. You could try to use them for ground too I guess.
You can look at Mac8 for PCB hardware too to make stuff like this possible.
https://mac8usa.com/products/spacer-for-smt/https://mac8usa.com/products/conthrough/Mounting a power section on interconnects is not as crazy as you think, its done with big IGBT like SKIIP series for welding machines. They do this so you can have a board mount IGBT that is bolted to a heat sink.
If that PCB thermal pad idea works, then I think maybe it might really give the transistors some breathing room for heat, and isolate the adjacent parts.
I recommend connectors for all pins though, don't rely on the spacers for a good electrical connection IMO, because its still a screw on a PCB, not going to be as nice as a connector.
For really high currents they have offset connectors too, that is a board to board connector that allows for horizontal motion between the two boards while maintaining full connection (200 amp range). Easier to install and it handles thermal, or so they say.
And a assembly feature for this is to solder some pins on the PCB to work as alignment pins that are taller then the connectors, so you don't mess up your pins trying to socket it.
I just don't recommend putting parts under the raised section. I feel like that area will be compromised for parts if there is power electronics on top of it.