LOL, I like that idea... especially because I did a small clip this way a few years ago (the Death Star chasm jump scene) and even posted it on this forum (but I'll bet the original message got deleted - it had to be at least 5 years old IIRC).
BTW: other people also mentioned B&W Star Wars:
http://originaltrilogy.com/forum/topic.cfm/WWII-style-edit-of-ANH-I-need-a-title-for-this/post/147809/#post147809
Could you post some screenshots? I'd like to check it out before I start downloading 7GB... I don't live in Sweden, ya know ;)