By all means do it DB, and post the results. It would be interesting to compare a 3D rendered version vs the 2D solutions. I would really like to see what you come up with.
It would take about 15 mins to do in EI.
Electric image is old and clunky though - if you want the 3D approach I would use Maya or 3DS MAX and the renderer of choice.
The problem with most of these solutions is that the crawl is far too smooth. Adding an expression to dirty up the movement ever so slightly gives a more natural looking result - but it is really personal preference