Would be cool, but it's way too large-scale for FS - most of the ships are huge, and a fighter wouldn't have much influence over events - it'd be Battle of Endor syndrome all the time.
The ships are freakishly cool, though. I've designed a heavy destroyer that takes some ideas from Imperial ship design, and it looks very cool - just need someone to model it.
Any takers?
EDIT: Ooh, just had a thought: with those textures, the Iconoclast model would look pretty sweet if you ran it on cell-shading mode in FSO - they're pretty simple, so it'd look really good! Give it a try...
