I agree it can be used as a weapon. I've adapted this strategy a bit. Say I'm in seat 6, on a 9 seat table, UTG, whom I know is a light raiser (and is also simply annoying me) raises to 450 on a 50-100 blind. It is folded to seat 5, who is fairly solid, but likes to be creative with some marginal hands (67s, 10 j os) calls and now it is up to me with A 7diamonds. Not a great hand per-se, but alot of value if I hit, and even better if I don't. (More on that in a moment). The rest of the table folds and the flop brings 7h, Kd, Qh. I have missed the flop, aside from the 7's, and I know I am not going to continue in the hand. BUT, I also want to see a big pot between UTG and Seat 5. UTG bets 600 into the pot. A small bet, and giving me and Seat 5 tremendous odds if we were on a draw. Seat 5 calls. Now I have to deside if I am willing to sacrifice a further 600 of my stack.
Of course this is an obvious laydown. But I feel if I do lay it down, theere is a good chance the pot will be too small to disrupt the balance of the table and UTG will continue his obnoxious play. So I sometimes deside to make the call call. This accomplishes 2 things. One, it inflates the pot therefore making any bets from my opponents that much bigger if they want to take the pot down. Secondly, It assures that there is 'blood in the water' to fight over and increases the chance of a push/call situation by either of the other players. End result: either UTG wins a masive pot and cripples/busts seat 5, andI move up one spot, or Seat 5 does the same to UTG, therefore making UTG easier to pick off.
Ok, so the example is kinda hard to follow, so I hope you at least get the gist of it. Point is, entering a hand with the plan to fold it without showdown in order to move up the ladder or upset the rythim of the table (best used when the table gets into that "fold, fold, raise, fold, fold" mose before the bubble). Though i must point out that this is only adviseable when you have a healthy stack compared to the blinds, and you are pretty sure, based on your reads of your opponents, that by leaving your dead money in the pot, they will fight to the death for it.
Try it out, let me know what you think. It takes some practice, but it is usefull in certain stalemate situations.