No mine doesn't lead to absurd results. Or if it does, you have yet to show me one.Your version and mine can both lead to absurd results when taken to their extremes,
Your version has creatures walking circles around people in the rain or being able to approach them down a hallway when they're staring straight at them, using darkvision to see them.
Your 'interpretation' also totally ignores the rules on Page 167 off the PHB that clearly state 'when you leave your hiding spot and approach a creature, unless that creature is distracted, it automatically notices you'.
If you cant hide in light obscurement while someone is looking at you you cant remain hidden in light obscuremment when someone is looking at you.