It's been done
From yoyotropes
One of the cardinal rules of yoyoing is that no matter how much time you spend, no matter how much work you put into developing a new idea, it's not actually a new idea. Someone has done it already, and probably more than a decade ago. And depending who you ask, that someone's name was probably Paul Escolar, Spencer Berry, or Steve Brown (For instance, if you ask Steve Brown, his name was Steve Brown). If for some reason it wasn't one of those three guys, it was Sid.
There are no more new ideas. So stop trying.