Playing as a "Team" to reduce variance ?

[skipperbob]

Has anybody thought about (or done it, for that matter) of pooling results with two or three other players with whom trust is not an issue and who all feel that their play is roughly equivalent from a skill standpoint.

The most difficult thing for me, playing $215 SnG's, is dealing with the humongous swings (variance); (+/-) 20 buy-ins is not uncommon . If I were part of a trustworthy partnership (not cheating partners, just pooling results), it seems to me that our mutual results would more closly approximate the average win-rate of the group.

????