Having read this thread, I've got to applaud the passion and enthusiasm, but if this was really a viable option, don't you think the owners of the game (whoever they may actually be at this point) have considered the economics and rejected this proposition? Much as we may care for the game, if spending money on GW1 does not hold out a realistic prospect of a decent financial return, then it simply won't happen.
I've enjoyed playing this game since 2005, and still log on from time to time to do Nic quests. I simply don't expect any further development.