Anyone tried quad-type braiding for interconnects?

I thought about this while visiting the "braids site". Haven´t seen it in any of the diy cable sites, but I think it actually works: you take four isolated wires, braid them in the 4-strand type and solder the ends to the rca's, two wires a channel making for a stereo interconnect. That´s it. It will look like this:

left rca right rca
| | | |
| | | |
+ | | - - | | +

braid of 4 wires

+ | | - - | | +
| | | |
| | | |
left rca right rca

I leave about 10cm for the ends and twist each channel. The twists will maintain the braid in place. The finished stereo cable will look like a double Y.
I guess there's a lot of capacitance going on since the wires are so closed together, but it might not be a critical value. It could also make for a fine power cord. I´ll try this out.
What do you think?
Did anyone tried it yet? I would like to hear from you guys, since this is a cheap and easy (well, apart the braiding) cable to make.

Btw, the braid site is that http://www.duke.edu/~scg3/braids.html

Thanks in advance

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