It makes the car less stable and predictable. If you have sticky tires on the front, and bald tires on the back, then the car will be more prone to bad oversteer, if you switch the tires, you are prone to bad understeer. In slippery conditions (wet, snow, etc.) every flaw/mistake is amplified and harder to deal with (and also happens at surprisingly low speeds - the oversteer drill in the BMW driver training was done at 20kph on a wet skidpad and we had no problems spinning the cars 180*)
Car was designed to have 4 decent tires on the car. Can it be done, yes, is it a good idea, no.
(Message edited by davidm on July 28, 2005)