Don't know about that (more stable or less) but there is
at least one company making a LED lighting controller that
feeds back primary current.
If by stability you mean LED current vs line, temp, etc.
I doubt primary regulation works as well because it has no
idea, other than maybe an initial cal, about the downstream
losses. But for a dimmable drive where absolute output is
set by the user, that's probably a "don't-care". For an app
requiring absolute output voltage / current accuracy, too
much uncomprehended slop I expect.