No, what you REALLY need is a Goldtone Cello Banjo! I bought one a few months back and they are really nice. Wound nylon strings, a much bigger pot and an octave lower than a normal 5 string banjo. They sound GREEEAT! Growls like a pit bull terrier! I've had a go on one of those Banjolas and didn't like it at all, it's neither one thing or the other.
That's my two pennorth anyway!