I would love to see that edit; I though to make it when reviewing Trail (particularly the sequence from Revenge, with the shopping bags) and the one on the street, etc...
It also recently occured to me to re-cut the movies excluding the stuff that's just Edwards taking advantage, and telling his own story; staying rather with the Closeau gags.
Strikes Again, in particular, strikes me as a movie which would gain considerably from judicious trimming of the scifi Herbert Lom subplot.
And yes, I have a copy of the Romance of the Pink Panther script. PM me, I suppose, (and I'll just have to figure out how PMing works!)