I posted a link a while back to a website where a guy tried this and documented the results. They were not very good - I think he was able to lower the temperature by 4 degrees F. Not worth the effort IMO.
Still, it's fun to talk about it.
Point me at the link kind sir. The aquarium stand I am finishing up was designed with the little Haier dorm fridge that Wal-Mart sells in mind. If someone has already tried the dorm fridge idea, I'd sure love to read about it before I spent any money.
Thanks!