[Category - Bloody Obvious Ideas] Artwork First Monster Manual?

I know there's been a lot of OSR-blogosphere discussion about greater collaboration between writers and artists blah blah blah... (I'm going to be a dick and NOT LINK to said discussions).

Whilst meditating on said subject the idea struck me, "It would be awesome if a bunch of awesome OSR-ish artists types assembled a collection of bitchin' original monster illustrations, and than said monsters were statted out for a monster book (including morale scores and hoard classes dammit! And also Comprehensive Encounter Tables too!)"

The next idea to strike me was "Duuh genius...I'm sure someone has already done that." Although I'm sure it was more like 20 monsters for 3E in a $12 PDF-only product, and done in that full-color, overblown DevaintArt style...

Anyways, a nice thick monster manual of OSR illustrator monsters could be pretty freaking awesome, and I'm pretty much counting on James Mal. to get on this right on this after releasing Petty Gods...