Well, most writers write fresh content this way, except for the spinner chief part. Instead of just copying whatever comes up on the first 5 spots, you could curate the best writeups on your topic, put it together and try to improve whatever is already there on the internet. Once your new post is live, go email everyone who has linked out to the sources you used and tell them you have a better one just published. You may get some solid links this way.
A website with lots of unique and human-readable content is going to give you the best ROI. The more quality readable content your website has, the more exposure it will get from major search engines such as Google & Yahoo. But creating unique content takes time as you first need to develop content creation strategies and then you need some hours to write a full SEO optimized content. How great it would be if you can produce quality content within minutes! Yes, it's possible with the help of this free Article Rewriter Tool developed by SeoToolStation.