It’s done a great deal in the parishes around here. I’m a child of the 60s and it’s interesting to me that it does not seem to be the folks who were around when that sign become popular again in the culture who are using it. I have to wonder if they actually know the meaning (V for “victory”) and the connotations it has for us folks of the 60s, not the connotations of the peace of the Lord we exchange in the Mass. (Some of us can’t stop seeing President Nixon boarding Army One flashing the “V for Victory” with both hands as he was departing the White House after his resignation, and perhaps hearing “Make love, not war”.)
I understand the passing of the peace will be moved to a different place in the Holy Mass with the new revision. Maybe when we get the teaching on that change the pastors will include some of what tradition calls for.