So what I did was read the book, of course it was great. Then I read it again, and whenever I caught a quote or scene from the movie (which I had almost memorized, of course) I wrote it down in sequential order to see what I could get together. I got a few chapters in and I still have my notes somewhere I think.
I tried putting it together a little bit for fun one weekend and I ended with an opening I thought was really rock.
Opening logos--
TYLER (VO)
This is it, ground zero.
Cut to Tyler holding a gun in Narrator's mouth, scene plays out normally, but instead, right as he says whatever he says right before he's hurled into Bob's bitch tits, reverse real fast to that last frame of the opening credit sequence (pov of gun inside Narrator's mouth) and reverse shot so it's going down the barrel, orchestra starts to play (the alternate music score for the opening sequence), and just as we enter Narrator's nose the techno kicks up and we use more simple, static credits, to give it more of a simple feel (again, movie is perfect, so this truly is an editing by a fan). Right as we reverse all the way to the end of the credit sequence (the original beginning) then we hurl into Bob's bitch tits and then commence an amazing alternate telling of one of the greatest stories of our time.
This is a leftover screencap, I deleted the project, but I could easily start it up again.

Anyway, I wanted to open this up for discussion, how exactly you might reorder it, things you would do (no one dare talk about cutting anything out!). Anyway if you wanna break out your books and collaborate....I think one day this could be real fun--every DVD comes with a homework assignment of course