No, I'm saying it's another failure mode for producing general awesomeness, but at least it might produce some useful scholarship.

EDIT: I also don't think that your description would go very far, it'd still end up with the innately clever people dominating, and the rest just stuck in the general arms race and the confusion of actually effectively applying the skills to the real world, just like all the self-help we already have that teaches that stuff seems to end up.