Interesting how often this is discussed, and it looks like there are already a couple of efforts going on.

It was previously mentioned here: http://news.ycombinator.com/item?id=407067

The hacker news SICP group that spawned: http://groups.google.com/group/hacker-news-reads-sicp?hl=en&...

Also a wizard book study as well: http://groups.google.com/group/wizardbookstudy/

It might almost be better to merge all of these ideas, as there appears to be interest!