Have you thought about modifying the heat-sink so that it will fit over the i7 heat-sink? (or the i5 for whiskeynipple0088) I don't know if you are using an aftermarket cooler or the one that comes in the retail box for the proc, but if you are using that one, its way smaller than the one off the G5 - you could hollow out the middle of it and slide it on top. It wouldn't be functional, it would reduce the airflow a bit to the proc, but it would achieve that look. If you're gonna OC, than forget it - you'd be hard pressed to use the stock cooler, and if you did, you don't wanna impede the airflow. The aluminum base plate is 3.5"x7" and the fins are 5.5" tall (5.75 if you count the caps on the heat pipes). The fins are offset by .5" on the socket side and .625" on the other. The funky additional radiator w/ heatpipe is 1.25" wide. Given this generous amount of room, I'd surmise that you could hack this thing to where it fits over your stock cooler. Again, don't even think about it if you ever plan to OC.
If I had some better machine tools, I'd be all over this - I have an i5 that I don't plan on overclocking (at least for the moment). That's another thing to consider - don't hack at this with a Dremel and flat blade screwdrivers... although its my tool of choice, I think on something like this, it'll looked hacked... and that'll destroy the overall look you're going for.
Good luck to both of you. Keep the post coming so we can see what happens!