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Hehe,
That's how I took my play money stack from $1000, to $25,000 in two weeks when I first started playing online.
I assumed the same technique would benefit me in the money games. Alas, unless you get some really aggressive idiots who aren't watching you, everyone tightens when there's only 5 people left and you'll be blinded below being a threat to anyone, and a large stack will easily take the worst flips for a chance to eliminate you if you try to make a move.
You're dead on, this tactic will easily get you all the 4th's and 5th's you could ever want, but forget about making any money.
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