Disclamer: The following text is based on personal experience, but the number of hands behind that experience isn't that great (around 10000) and I've only played on NL25. And no matter what, this text is not to be taken as the truth! It is just my opinion.
The main reason why SSS doesn't work is that the time when you can play it profitably is almost nonexistent.
It is said in this forum that the profitable hours are from 0:00-2:00 (GMT+1). That's 2 hours per night. To fit that into ones schedule is tricky, many might not be able to play at those times at all.
But what prevents a person from playing it during the remaining 22 hours?
Nothing really, but to play it profitably you need people who actually call with a trash hand, the strategy depends on it. But as people are suprisingly tight and suspicious about shortstack players, they just won't call with bad hands. And if you do get someone to call, then 90% of the times the caller has a strong hand.
So, only really profitable hands are AA and KK which one can play (yes, there are QQ, JJ, AK, etc, but they aren't really profitable during the time period that we are discussing at the moment). But as AA and KK aren't dealt that often, it's really hard to make money. When you do receive either one of those hands, you are most likely not called. But if you are called and you win, then the money goes to compensate losses with other (good) hands and for the BB and SB taken from you. And in the end you haven't made any profit, only lost money or you break even, if you're lucky.
Am I wrong? And if I am, then why?