Lol I guess I looked into to much. Though I do think it'd be cool if it worked the way i thought it might.
Depends on how you were looking at it. I have the Velvet Camaral and Ball of hate for electrocute to bounce around everywhere, Lightning hydra + mirror image to have multiple hydras out, schaefer's hammer to turn me into a lightning coil, fulminator to turn enemies into lightning coils, and Asheara's with arcstones on all the followers to have lightning bouncing around between all of us. Plus storm armor and electrify magic weapon for the electricity that pulsates from the coils.
Its like the scoundrel says "Use one of those flashy skills you love so much!"