I was able to effectively tank my way all the way through nightmare and all the way to act4 of Hell by just including a few life on hit pieces into my gear and dropping as many Caltrops[Jagged Spikes] traps on top of each other as I could combined with Numbing Traps.
Adding Rain of Vengeance on top of that, I really didn't have much trouble tanking my way through most of the game.
It was actually quite a fun playstyle.
Now that I think about it, I probably could have used grenades and spiked traps to go along with the build and used a 1h+shield to make it even more effective... but it worked just fine with a bow+quiver.
Of course it doesn't work AT ALL in inferno even with insanely good tank oriented gear, but while leveling up you can certainly make use of stacks of Jagged Spikes together with a small amount of life on hit and Numbing Traps for a playstyle that doesn't require kiting.