Timeline - Combining Profile with Friends

This has probably come up before but is it possible to integrate the member's timelines with their friends so that the members could see a wall like interface?

Posts to the a person's timeline will show up in their friends timeline on their account page.

I have gotten the friends timeline function working quite well but I was hoping to create a third option where I could view my friend's timelines combined with mine. This would result in a cut down wall function.