center lock hubs?

has anyone tried using a centerlock disc hub to run a disc brake. from what i see i should be able to ragmount my 34t sproctet to the wheel and then mount the disc. but i cant be the first one to think of this, and i cant find any posts on it.
any thoughts?

thanks for the info. my biggest concern was that the lock ring would vibrate off. im pretty sure everything else will work out.
i am currently rebuilding my bike, and really need 2 discs but cant afford to buy a tophat adapter to have it not work. by my calculation this will give me more room. ill just have to use a rag mount.