Re: Backing into the money: bad idea MTT, but how about STT?
I think that the buy-in level that you're playing at is relevant to this discussion.
At the lower levels (say 22s and below), surviving in order to allow your opponents to donk themselves out of the money is a more viable strategy than at the higher buy ins.
My statistics for the 11s and 22s actually include more 3rds than 1sts (abnormal for this forum, I believe) but my ROI is very high at the low buy-ins, partially due to hanging on for many ITM finishes that my opponents handed to me with their stupid bubble play.
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