Maybe, but surely there are users who are willing to trust all users of their db instance.
It has to do that anyway?
Which at this point most companies would rather save money and forbid JIT altogether.
Note that mainframes and micros have JIT environments that aren't at the same safety level as regular desktop PCs.
For example,
https://medium.com/@dhemanthc/ibm-i-architecture-how-timi-an...
JITs do not grant the ability to bypass any OS/system sandboxes. The lack of W^X doesn't do that, either. If a process opts out of W^X, such as to enable a JIT, it's voluntarily making itself less hardened, but at the end of the day this isn't any more meaningful than the program being allowed to be written in, say, C, which also voluntarily reduces the processes security hardening.