As a fellow engineer, I can understand the idea the use of modern technology in these cars. However, what I love about my car is the lack of technology. I feel like I've had to learn to drive all over again since purchasing my car last year, and I've loved every minute of it. It's a more grounded, visceral feeling than any modern car can provide (IMO). The noise, the smells, etc. I'm sure you feel the same way.
Now, that being said. Go for it! I'm not poo-pooing any of your ideas. As a matter of fact, it would be very interesting to see what can be accomplished with these cars with some modern technology.