I'm doing it...have been for about a year.
The first 9 months I was just manually pulling what little loose skin I had. This manual stretching must be either:
a) loosening the skin that was there or
b) slowly coaxing some new skin to grow
because when I j/o now, I'm able to slide the shaft skin over the head of my cock a bit. Of course, when I'm not hard, it still looks like I'm as cut as any other cut guy.
About 6 months ago I visited the guys at the Los Angeles chapter of N.O.R.M. (national organization of restoring men). Their website is norm.org.
They were very supportive and it was good to talk to people who were trying to do the same thing that I was. There is a "show and tell" session at the end of the meeting... it's completely optional whether or not you want to stay for that part or not. I "showed" and the guys were very encouraging when they saw the amount of loose skin I had, so I guess something must be going right.
About 3 months ago I purchased the PUD (penis uncircumcising device). Reason I picked this was because you don't have to spend time making a T-Tape (I am arts and crafts challenged) and also because you don't have to strap anything to your leg for the tension.
The worst part of this whole process is that it is SO SLOW! I have absolutely no idea if this will even work for me. I don't see any visible progress, but somehow, I have faith that it will work, someday (maybe 1 year from now, maybe 5 or 7 years from now).
But, I figure I have to try because the "cut curse" has caught up with me.... the head of my cock has become so desensitized that it is extremely difficult to feel any erotic sensation from my cock.
Some more advice... do NOT go to your doctor or a urologist and ask them about this... they will look at you like you are a nutcase. Here in the USA, where practically every guy is cut, including the doctors, they have no idea whatsoever that their cock is "deficient" in any way and they think the very limited sensations we cut guys get from our cocks is how sex is for uncut guys too. THEY COULD NOT BE MORE WRONG! I've been with a number of uncut guys (European and Latino) and have actually taken some time to "compare" what parts of their cock gives them erotic sensations and how they feel and it's true.
Anyway, will comment more if you like... just post another question.