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I say go for it. Building a car is not really that hard if you start with a square non wrecked donor front end and rebuild it in place before taking it out of the car and moving it to the new frame. My main priority would be to keep it strong and easy to work on and if that means it is a bit heavier than you wanted it is no big deal. It will be a daily driver that will have to be worked on in the future no matter how much new stuff you put on it. Also keep the random car parts to a minimum and try as hard as possible to use the parts off one or two cars only so 10 years later you can remember what parts to get for it when it breaks down. My kit car has parts off probably 25 different cars and it is easier to just rebuild it using a different part than try and figure out what the part on it came off of to get a replacement.
The only real issue you will have is making a reliable shifter. The clutch and all the other junk will work just fine. Drill a few holes in the thermostat to let more flow through to make up for the long distance the antifreeze has to travel to reach the radiator. A boat steering cable will do for a longer clutch cable. Most other stuff will fit without issue.
The best I can think of for the shifter is to get a dune buggy cable operated shifter setup. It probably wont last for years without adjustments but that is not that big of a deal really depending on how much you plan on driving it.
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