I think we all have projects and ideas like this that go back decades. In my case, it's the BitGrid, which is a theoretical sea of look up tables that are clocked in alternating phases like a chessboard, to eliminate race conditions and the need to worry about timing.

I couldn't quite follow the diagrams of the theory page, but I'd be willing to bet a very small sum of cash that it'll eventually be something very much like the BitGrid.