When carrying my 20D with the 70-200 f/2.8L IS lens mounted, I frequently have the lens across the inside of my left elbow, cradling it to take the forces off the mount. The camera weighs considerably less than the lens, so carrying the combination by supporting the lens puts less stress on the mount than carrying the combination by the body.
For short times, I carry the camera using the hand strap with the lens essentially hanging down from the camera. However, I would never carry/support the camera in such a way that the lens sticks out horizontally without supporting the lens.