Such a thing would probably cost much more then a full frame body and a lens. It would be a small production run, and would have to be made to accomodate each specific camera. Unless they somehow made it universal.
It would be sick to be able to convert my t90 and all my FD stuff to digital, but only if I could do it for less then buying a full frame digi and lenses to match my curent collection. Cause otherwise there'd be no point. I know some people aren't willing to give up their old equipment cause they like and/are used to it. I can understand that. It's a change I'd make though.
If such a thing existed, for a reasonable price, I'd grab a 1V and have an invincible digi cam.