Probably would, but it doesn't do the same thing. A current limiter would vary the overall resistance up and down to keep the current at a set-point. They are made by combining a voltage regulator and a power transistor to keep a voltage drop though a sensing resistor constant. It was more a though-experiment than something I would actually build. It can also be done by using a voltage regulator followed by a ballast resistor set to precisely that voltage.
Originally posted by smosher
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