Accessing Stored Procedure Output In A SELECT Statement

I've been wanting to do this for a long time! And finally found it. The problem is how to pass the output from a stored proc as the FROM part in a SELECT statement. I want to do something like

SELECT loginame, status
FROM (EXEC master.dbo.sp_who)

But this line just would never run.. Finally found this today,

SELECT  loginame, status
FROM OPENROWSET ('SQLOLEDB', 
                 'Server=(local);TRUSTED_CONNECTION=YES;', 
                 'set fmtonly off exec master.dbo.sp_who')

From here: Ward Pond's SQL Server blog : "The OPENROWSET Trick: Accessing Stored Procedure Output In A SELECT Statement". It does have it's penalty and limitation, but nonetheless it's amazing to know that it can be done.