Do you think this will impact the price of HIVE? Is that your goal?
It is a concept that warrants some thought. I can see the appeal for users. Effectively, if I understand the process, you are providing all the benefits of HP for voting and curation, yet eliminating the 13 week powerdown. Thus, the funds are still considered liquid, open to use however the user decides.
Governance is not a part of the system since witness and proposal voting are done based upon owned HP, not delegated.