I find the idea of BitCoin interesting, and I looked into its source code a little bit. I find it a bit monolithic and I thought it would be a good idea to extract the non-ui (and by that, I mean every UI, including RPC and command line) code and create a new library out of it.

This way, it would be easier to create alternative clients as well as bindings to other languages (Python!!!).

As anyone thought of it yet? Is there a particular reason why this would be doomed to failure?