The exhaust plume IS cross section, so nothing has been saved with this idea.
Whitcomb Area Rule
http://history.nasa.gov/SP-4219/Chapter5.html"Several weeks later, a world renowned German aerodynamicist named Dr. Adolf Busemann, who had come to work at Langley after World War II, gave a technical symposium on transonic airflows. In a vivid analogy, Busemann described the stream tubes of air flowing over an aircraft at transonic speeds as pipes, meaning that their diameter remained constant. At subsonic speeds, by comparison, the stream tubes of air flowing over a surface would change shape, become narrower as their speed increased. This phenomenon was the converse, in a sense, of a well-known aerodynamic principle called Bernoulli's theorem, which stated that as the area of an airflow was made narrower, the speed of the air would increase. This principle was behind the design of venturis,9 as well as the configuration of Langley's wind tunnels, which were "necked down" in the test sections to generate higher speeds.10
But at the speed of sound, Busemarm explained, Bernoulli's theorem did not apply. The size of the stream tubes remained constant. In working with this kind of flow, therefore, the Langley engineers had to look at themselves as "pipefitters." Busemann's pipefitting metaphor caught the attention of Whitcomb, who was in the symposium audience. Soon after that Whitcomb was, quite literally, sitting with his feet up on his desk one day, contemplating the unusual shock waves he had encountered in the transonic wind tunnel. He thought of Busemann's analogy of pipes flowing over a wing-body shape and suddenly, as he described it later, a light went on.
The shock waves were larger than anticipated, he realized, because the stream tubes did not get narrower or change shape, meaning that any local increase in area or drag would affect the entire configuration in all directions, and for a greater distance. More importantly, that meant that in trying to reduce the drag, he could not look at the wing and fuselage as separate entities. He had to look at the entire cross-sectional area of the design and try to keep it as smooth a curve as possible as it increased and decreased around the fuselage, wing and tail. In an instant of clarity and inspiration, he had discovered the area rule."