The one place I've found such a thing useful is the SimmXpander in a Q605. This converts two 72 pin SIMMs to one 72 pin socket.
I've been able to get 260 MB of RAM in the Q605 using one expander and two 128 MB SIMMs. However, thinking about the addressing and architecture of the SIMMs, I can only think of one way it can possibly be working. The Q605 must have four independently operable RAS lines. I thought they were usually paired.