[illegit]

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As for myself, I'm going to experiment a bit with it today in the 4/180s and see how it goes.

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I see people experimenting with it online all the time. They're called donks.

I think later in tournaments when the blinds are quite big in relation to the size of the stacks it can be a good play, since even a minraise represents a large portion of, for example, the big blinds stack, he still will often fold even getting the big odds in order to preserve his stack. In big live tourneys though the money is generally pretty deep through most stages of the tournament and is therefore not as advisable in those conditions. Taking small pots preflop (i.e. blinds and antes) should be a high priority for anyone who plays a lot of pots.