The reinterpret_cast from XMFLOAT3* to float* is OK, due to:
9.2 [class.mem] paragraph 20:
If a standard-layout class object has any non-static data members, its address is the same as the address of its first non-static data member. Otherwise, its address is the same as the address of its first base class
subobject (if any). [ Note: There might therefore be unnamed padding within a standard-layout struct object, but not at its beginning, as necessary to achieve appropriate alignment. — end note ]
That means the address of the first member is the address of the struct, and there's no aliasing involved when you access *bar because you're accessing a float through an lvalue of type float, which is fine.
But the cast is also unnecessary, it's equivalent to the first version:
auto bar = &foo.x;
The expression bar[2] is only OK if there is no padding between the members of the struct, or more precisely, if the layout of the data members is the same as an array float[3], in which case 3.9.2 [basic.compound] paragraph 3 says it is OK:
A valid value of an object pointer type represents either the address of a byte in memory (1.7) or a null pointer (4.10). If an object of type T is located at an address A, a pointer of type cv T* whose value is the
address A is said to point to that object, regardless of how the value was obtained.
In practice there is no reason that three adjacent non-static data members of the same type would not be laid out identically to an array (and I think the Itanium ABI guarantees it), but to be safe you could add:
static_assert(sizeof(XMFLOAT3)==sizeof(float[3]),
"XMFLOAT3 layout must be compatible with float[3]");
Or to be paranoid, or if there are just additional members after z:
static_assert(offsetof(XMFLOAT3, y)==sizeof(float)
&& offsetof(XMFLOAT3, z)==sizeof(float)*2,
"XMFLOAT3 layout must be compatible with float[3]");
Obviously this will become implementation dependent on the declaration of XMFLOAT3.
Yes, it relies on it being a standard-layout class type, and on the order and type of its data members.