i've used the maneuver in the op a few times. it has had varied results. the best, was that i actually got into a fihgt, before dying....the worst, was that i hadn't banked far enough, and flew myself right into the trees. that one was funny as hell.....i almost fell outta my chair laughing at myself for that move.
it does seem to confuse some pile-its though. i've had guys go right on by me, and blow their speed, 'cause rather than go back up and look for me, they're rollin back n forth.....i've had others that seemed as if they expected it, and went vertical almost immediatly.
i had one well known stick, missed on two attempts, thanks to this move........but it let another catch up, and he got me.