Group regulation can be an issue. I disagree a little with Brian that "well built" PSU will monitor and shut down if 5V rail rises too high as it adjusts to 12V load. Many PSU are in fact rated as requiring a certain minimal load on the 5V rail even if they "might" work without it.
Typically this load is spec'd as 1A, IIRC. Doing the math, 5V/1A = 5 ohm resistor with 5W dissipation, to manage heat easier step up to 10W resistor value. It would be easier to keep cool if you use a sandstone/wirewound type and strap it to the PSU intake or exhaust with high heat resistant strapping, or some are embedded in an aluminum shell that you can bolt or screw to the PSU casing inside.
As for shorting green wire to black to turn it on, yes that will turn it on but then there is the issue of it either always being on or you have to manually turn it on before you turn the PC's main PSU on every time which is a bit undesirable? A solution to this is to electrically connect the green PS_On wires from both PSU together. That way, when you press the case power button the motherboard pulls both lines to ground and keeps them both running. An alternate method would be that the main PSU powers a relay that shorts the 2nd PSU's PS_ON green wire to ground when the PC is turned on via the case power switch.
Also, it would be a good idea to connect a ground lead between the two PSU so you don't have a ground differential causing ground current across the video card.