É correta a implementação do singleton de inicialização lenta usando AtomicReference? Se não - quais são os possíveis problemas?

import java.io.ObjectStreamException;
import java.io.Serializable;
import java.util.concurrent.atomic.AtomicReference;

public class Singleton implements Serializable {

    private static final Singleton _instance = new Singleton();

    private static AtomicReference<Singleton> instance = new AtomicReference<Singleton>();

    private Singleton() {
    }

    public static Singleton getInstance() {
        if (instance.compareAndSet(null, _instance)) {
            synchronized (_instance) {
                _instance.init();
                instance.set(_instance);
            }
        }
        return instance.get();
    }

    private void init() {
        // do initialization
    }

    private Object readResolve() throws ObjectStreamException {
        return getInstance();
    }

}