I'd be intrigued by this as well, as my PHB is showing some wear. Although there are other books, like the Spell Compendium, that I would need new copies of as well.
I hope that they won't be a fortune, though, which I suspect they will be. The other thing is I kind of wish they went the other way with their approach to publishing them. I don't need a pretty gilt copy that sits on my shelf like a trophy. What I need is a flexible one that I can use at the table and beat up without feeling bad. A softcover, fairly cheap book that was well-built would be idea.