This is actually the exact opposite of how you "should" chop, IMO. PEople don't give the short stacks enough credit or realize how quickly they can turn into big stacks.
I'm more likely to chop as the chip leader than I am as the short stack. I usually would prefer to play it out, but if there is huge money on the line, I'm quite happy chopping. Most 5 way chops (for example) net 3rd, 4th, and 5th place a lot more than they would havve had, 2nd seems to break about even, and only 1st takes a pay cut. But even if you are the big stack at the time of the chop, that doesn't mean you won't finish in 5th place. That's poker.........
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