Well... you naysayers won this round. Sorry, but no one said that they tried it already with this model or showed me a thread of someone else trying it already so I had to try. I figured the tachometer is probably not a costly unit to have on all pcb's so let's give it a try.
I had to rig my own three pin. I had an itty bitty fan that came off a PentiumII rig. I used it to cool ram awhile back. I clipped the three pin off it, rigged it to the connectors on the fan. Tripled checked in daylight to be sure no 2 bare wire was touching. Plugged into rig and checked bios: "Chassis fan: n/a". Bummer.
I will say it moved A LOT of air. More than the fan on the CPU cooler itself if I had to guess. Though that one was running at 2000 rpm and the Panaflo is 2100 rpm (if it was indeed going full speed). Problem was that it was a bit loud even for me which is why I was hoping for an easy fan control on it. I might finally pick one up some day but not anytime soon I don't think.