Kenneth Fisher on database file extensions:
So what does this mean? Should we start naming our database files whatever we want? No, absolutely not! It means that you need to be extra careful when specifying the name of the files. You really don’t want to use non-standard file names. The confusion! The misunderstandings! Do you really want the operating system to think your database file is a really big picture? Or even worse (and while I realize this sounds like a stretch I’ve had it happen) you accidentally give your file a .bak extension. Then one day your automated process that deletes old bak files runs as the same time your instance is down. Bye bye database file.
You can use whatever extension you want, but be smart about it. Also check out Sean McCown’s dirty fun trick.