anecdotally speaking, Chase severely frowns upon that kind of thing and have been know to close all your Chase accounts if you're caught, but some people have done it without any repricussions. Its a gamble if you really want to though.
Thanks and repped. I had no idea know Chase would redo this promo, so I closed my SW card and moved my available credit into my Chase S.P. I guess I'll stay out of this promo....no need to get the credit card gods angry at me.