That would be a spectacularly bad idea.
OP Here - to explain my situation more clearly, We are traveling with three kids, one of them young. We plan on taking the ME bus to our resort. Our preference would be to tag luggage and check it in. However, the last two times we did this it turned into quite a negative experience for us.
First time, we flew Spirit, and they sent our luggage to another city in the complete opposite direction. We got it about 36 hours later - no fun. Second time we flew United (it was Continental at the time) - our luggage was on a later flight (and we checked in 90 minutes prior to flight so that should not have been a problem) we were told the bags were flagged for TSA inspection and that is why it did not make the flight. We got our bags late the next morning - no fun. Even though we do carry on necessities and an emergency clothing change, both situations were pretty inconvenient.
Our kids are a little older now - and to avoid being thrice bitten, we would like to carry on our bags this time, yet still have the added convenience of having DME take the bags from the airport carousel to our rooms (its still easier to do that with one toddler).
I know in the past, I have seen DME personnel take tagged bags off the carousel and put them aside, which is why I asked the question. I did not know that the bags are now taken before they reach the carousel, so if this is correct, my desired plan is not an option for me.
Thanks for the responses. It looks like either we check bags, or we carry on all the way to the resort.