I am not sure about second-rate lenses, since there is little fun working with deficient tools. Working within constraints, however, is a different matter. Sometimes I will indeed artificially limit what I use, selecting a single prime lens in order to focus on more important aspects of taking a picture.
For example, on Saturday for the Worldwide Photo Walk I decided to use only the Vivitar Series I 105mm. Restricting myself to an effective FOL of 180mm for street shooting might have seemed perverse, but it paid dividends. Check out my
thread to see some results.
One of the reasons I chose that particular lens was that it had been out of commission for some time, so I had not really used it extensively. That conforms with what you are suggesting. I also thought that the red ring would help me fit in with the Canikon crowd... kidding!