It is perfectly viable, and I think most poker rooms are required by local laws to honor self exclusion requests from players. Another matter is how easy to use that requesting can be made. What you suggested would be an actual and useful 'real' feature, that has built in functionality like dollar and time limits.
So could we please see Full Tilt implement a
I'm on Tilt button right next to the new
One Click Deposit button, that would immediately sit you out on all of your tables for a pre-determined time you have set in your profile?
I remember one story I heard from a poker room employee recently. They had a high roller player with a +$100,000 bankoll, and he had a habit of cashing out his entire bankroll to Neteller after some bad beats so that he would not risk losing it on tilt, and then depositing the roll back when he wanted to continue playing. Now the depositing of money was free in the eyes of the user as the poker room usually covers the transaction fees, but in this case with so big amounts the poker room was paying a few thousand dollars to the payment processor every time he did this

So in the end they contacted the player and gave him a VIP contact within the poker room, and suggested that instead of cashing out he'd just call them and ask the poker room to suspend his account until he felt like contacting them to reopen it.
So in a way your feature could even end up saving money to the poker room, because who knows how many players with smaller bankrolls are doing this withdraw/deposit routine in order to control their playing a bit?
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