I don't know why it would be so hard, keep everything in a uniform format, recordingwise. Just look at Postal Service, their whole album was made from different parts of the world, each guy would record their tracks and e-mail everything back and forth and they made a kick ass album. The skiing, editing, and graphic design talent on this site is plenty enough to pull something like that off. And the orignizational tool is right here already. It would be a huge step, but man it would mean alot to the industry.
'...Smoking's bad, smoking killed my dad. Yeah, he was driving down the highway one day and as he was lighting his cigarette, it blew out the window. So he jumps out the door to save it, and ran himself over. Uh, you mind if I smoke?' -Olie Ollaussen, Ski Bum extraordinaire