That seems like a complete waste of effort. Honestly, there is no point in causing yourself permanenr bone damage no matter how much you are trying to adhere to fashion. The Chinese did it, it was already stupid then.
They look fine to me... Those shoes are "meant" to look like that.. if you don't like the look of it, it's a different thing than someone wearing shoes that don't fit. The first photo looks a bit more weird, but that's the style of the shoe, to make half of the diagonal toes show.. and the second photo looks normal to me.
but I have seen people who wear smaller shoes than they should.. and well, they can't walk for a very long time in them.. that's their problem, I don't care. Wear what you want.