Sitting out on blinds in exchange for a late-position blind

[Pog0]

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You pay the same amount for 3 less hands, now why would you want to do that?

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You would want to do this if your (post on CO WR - normal CO WR) > Button WR + BB WR + SB WR.

Common sense tells me there's no way this can happen. By doing this, you forfeit your button winrate, and turn CO into a losing position, you're then essentially only left with MP, and you're paying more per hand than you would had you just played normally.

Since you only play 10% of your hands, wouldn't you want to see more hands for a larger chance of getting all those important AA, KK, QQ hands?