The series power resistor idea is interesting. Are you wanting to put the PTC in a circuit with voltage above its rating ?
If 1 Ohm 5 watts limits the voltage across the PTC then it's probably good.
0.07 Ohms, cold, is good.We use a 250V 1/2 amp PTC as well as the 1206 size ones.
One problem we had with a 1206 15V PTC was that sometimes (rarely) it would burn through and short to the next layer down which was 5V. A thicker PCB should fix that as well as getting rid of copper just below the PTC on the next layer down.
boB