I would, if I had access to the best video versions out there. I still have the Criterion laserdiscs and would use the audio tracks from them (cleaning them up in soundbooth first). The only issue would be subtitles.
Would anyone be willing to handle the subtitles, as that is such a pain in the neck. Doing subs on top of everything else would be far too much work with my schedule.
No doubt I'd want to have REAL subtitles and not dub-titles.
I PM'd CSchmidlapp about his effort, but have not heard back from him.