Yes, I've taken on some S rank hunts with 6-8 people and it's honestly a blast. It's actually a challenge to figure out the mechanics of the hunt instead of a blur of flashes and lag.
And as a random but fun note as to one of the reasons I love Goblin. Yesterday one of my FC mates started dancing in limsa and when I logged on, he asked me to join. Both of us were wearing our skimpiest gear we had and got a crowd going. Some joined in the skimpy dancing, other's surrounded and cheered/clapped. One was even giving us small amounts of gil (it was quite funny) and calling us her strippers :3 Our FC house neighbor happened to be there and saw us and responded with "Imagine having these guys living next to you -_-"
I love that random happenstances will occur and that people can easily recognize you or your tag (and we're a small FC).