This pincer has a very distinguished history, from Dosaku onwards, and is still very much in use today.
White's most common replies are: tenuki, jump out at a, counter-pincer at b, and taisha at c.
Other replies frequently seen are d to h, and i as part of an overall plan. White e tries to avoid the counter-atari line after White f, but can lead to complex variations when Black answers at f.
White's slide to s was fashionable for a while in the 1980s.