That's what I do, but I also have to change the ordering from "Top Stories" to "Most Recent" fairly frequently. That usually puts out different stuff (Facebook seems incapable of remembering the setting. I assume it's deliberate design at this point, since such a blatant bug would have been fixed by now).

I suspect it's only a workable strategy if you either have few friends, or stop following all the ones with a low signal to noise ratio, or if you use Facebook somewhat frequently. Otherwise, there'd just be too many updates to finish scrolling through them in a reasonable amount of time.