Emails from people in my address book

Emails from people in my address book

Hi all, it seems like an obviously good idea... Have a filter that will take any incoming email and check it against a user's address book and, if the sender is in the address book, put it into a folder called something like Known Senders.

Does anyone else thing this seems like a good idea? I'd love to be able to just avoid all the spam and so one.