From what i have seen, P is doing well with population and everyone seems to be having fun, why scrap it for this?
Having a new server, or even better, a trial run on the event server would be the best way to go about making this happen. (if it where too)
I remember this much excitement and this many ideas for the chaos server...but fact is, it may seem like a great idea but it doesn't last long.
I mean how many times have we had a chaos server that got scrapped, but each time, the discussion was similar with great ideas and aspirations.