As an endgame play, the slide gains about 9 points. Because it affects the strength of the groups, its value should be higher in the opening.
9 pts. almost the traditional value of 10 points, so the pros of not too many years ago could simply take its value as 10 points. But now we know that a play in an empty corner is worth at least 13 points. (It could be more because of miai.) Is the slide worth that much?
Here is my guesstimate, based upon my study of influence. I estimate the value of a 4-4 stone on the empty board as 14.5, but that is probably a bit high, because it assumes that the stone is immortal. But it is close.
$$Wc White first
$$ -----------------------
$$ | . . . . . . . . . . .
$$ | . . . W . . . . . . .
$$ | . . . . . O . . . . .
$$ | . . . B . . . . . , .
$$ | . . . . . . . . . . .
$$ | . . X . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . , . . . . . . .
$$ | . . . . . . . . . . .
- Click Here To Show Diagram Code
[go]$$Wc White first
$$ -----------------------
$$ | . . . . . . . . . . .
$$ | . . . W . . . . . . .
$$ | . . . . . O . . . . .
$$ | . . . B . . . . . , .
$$ | . . . . . . . . . . .
$$ | . . X . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . , . . . . . . .
$$ | . . . . . . . . . . .[/go]
My estimate for this position is 2.4 points for Black. That is not unreasonable, given the exchange of

and

from an even position.
$$Wc Black first
$$ -----------------------
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . X O . . . . .
$$ | . . . X . . . . . , .
$$ | . . . . . . . . . . .
$$ | . . X . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . , . . . . . . .
$$ | . . . . . . . . . . .
- Click Here To Show Diagram Code
[go]$$Wc Black first
$$ -----------------------
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . X O . . . . .
$$ | . . . X . . . . . , .
$$ | . . . . . . . . . . .
$$ | . . X . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . , . . . . . . .
$$ | . . . . . . . . . . .[/go]
Black might pincer instead, but this follow-up is normal. Evaluating this position is trickier, because plainly the assumption that the White stone is immortal is wrong. To get a rough estimate, I assumed that it was half dead, and took the average of this position (assuming White immortal) and the one below (assuming White dead).
$$Wc Black first, White dead.
$$ -----------------------
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . X . . . . . .
$$ | . . . X . . . . . , .
$$ | . . . . . . . . . . .
$$ | . . X . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . , . . . . . . .
$$ | . . . . . . . . . . .
- Click Here To Show Diagram Code
[go]$$Wc Black first, White dead.
$$ -----------------------
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . X . . . . . .
$$ | . . . X . . . . . , .
$$ | . . . . . . . . . . .
$$ | . . X . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . . . . . . . . .
$$ | . . . , . . . . . . .
$$ | . . . . . . . . . . .[/go]
We add 1 pt. for the dead White stone in this diagram.
The average estimate for these two diagrams is 28.4. As a check, the average of these two estimates should be near the estimated value of the 4-4 stone. The average is 15.4, which is close. It is almost 1 pt. high, but that fits with the idea that after each player has played two stones in the corner, Black has gained more than 2 pts.
Anyway, our estimate for how much the slide gains is 13 pts., 4 pts. more than its value as an endgame play.
That is 1.5 pts. less than the estimate for playing in an open corner, so it seems like the slide is a second tier move for the opening. (Note that now pros often tenuki after it, which was not the case a few decades ago.)