That would be pretty sweet, but I imagine the design would be quite a challenge. Would you want it to cover the front cladding or completely replace it? I think the latter would give you much more freedom with your design and would look a hundred times better, but you might need to cut your cladding or fab up a custom "half cladding" to replace the upper part that wouldn't be covered by the bumper.

Functionally it would be great - you could build in custom light mounts, a winch, a skidplate, etc. It wouldn't be cheap though.