I think it's a good strategy, but, wouldn't bid it if I wasn't prepared to deal with the consequences.

Might result in POP, might result in a move to HKG and stuck there til senior enough to bid back. I think I'd bank the POP if I went this route, with the mindset of maybe having to pay it back if another bid comes along and I don't want to move to HKG

24.C.6.d. If an excessed pilot is denied an award to an FDA crew position, pursuant to Section 24.C.6.a. or C.6.c., (above), and he has insufficient seniority to be awarded or assigned another crew position with the same or higher rate of pay, he shall be entitled to passover pay.