Other "project" - more of a game - considered was:
The NHL contracts down to the Original Six once more and every player becomes a free agent...then we hold a dispersal draft. Basically, six teams draft all current players. Follow-up could be a "minor league" draft, six "AHL" clubs select from the remaining crop. Was not intended to be a history project.
An all-time draft is one hell of a venture. I've been a part of them (well, actually, my first will be coming up in a couple months...but I've done the two drafts after that...meaning, say, 1000 players are picked in the All-Time Draft...I did the 800 after that and the ~300 or so after that). In my first go at it - against many veteran history studiers - I was voted to have had a top-2 team...much to my surprise. As I felt I was in way over my head. Still waiting the results of the next draft. Not wild about my team, but my God is it fast.
Anyway, enough about my noise, these things are tough. And for them to be done right (by "right", I mean, within any sort of reason) it's a near full-time job
If I do something like that, I really would want it to be done right...perhaps we could do a small one if there's some interest when the time comes. I'm worried about finishing this first and foremost. I'm glad that there's interest in this and history in general.
EDIT: Oh, you mean just doing another team? Yeah, that wouldn't be too terrible. I'm not sure I would do an O6 quite yet. Small steps. But whatever the group wants to do, I think I could handle and would devote some time towards.
Note: By decade doesn't really work. Arbitrary cut-offs confuse. Gerrymandering.
EDIT2: Other ideas to consider. Using draft classes (the best of the 1980's, for instance) and using expansion classes of teams (the best players from 1979: Quebec/Colorado, Hartford/Carolina, Edmonton, Winnipeg/Phoenix). Lots to consider.