I went partway in that direction. I cut the top of the tang down then cleaned up around the bolster. I got this tremendous block of ironwood burl with sapwood running through it. Unfortunately it was on a corner. I had to make a jig to bandsaw the block in half diagonally. Then I rabbeted both sides to go around the tang then traced and cut around the back and bottom of the tang and epoxied the whole thing together. After it set I started stock removal and shaping the handle before polishing it and the bolster. Then I rounded the spine and choil, thinned behind the edge, polished that and sharpened to 6k followed by stropping. Then I got the idea to shave some carnuba wax and mix that with some sweet almond oil and apply that to the handle, warm it with a blow dryer and buff. Spectacular shine now.
It was a difficult glue up and while shaping the top of the handle revealed the glue joint as a dark line. oh well I have an idea for next time, but it's still a great looking and feeling handle. This knife by the way could well become a favorite - the geometry is excellent, the blade is thin and the AS takes a wicked sharp edge. It looks odd on the bar next to my long handles, but the balance point is an inch ahead of the bolster now - (much better than stock)