Well, ok, if you want to define it that way, but that's not the way I learned it. Sorry to see that our curriculae seem to have diverged...
The whole idea behind defining a power factor is to have a measure of how (in)efficiently your power lines are used. The reactive current component leads to a higher dissipation in the lines on the one hand, and the harmonic components do the same on the other hand. I guess that could be a reason to incorporate the harmonics as well as the cos(phi) in the PF's formula. But of course, you're all free to define it your way. Maybe you could also improve the wiki page about Power_factor by editing your definition into it:
If you want to talk about the theoretical case of PF = 0, then theoretically the current could be infinite for a kW != 0. But it doesn't make any sense knitbitting when coming from different perspectives.
joe