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(Interesting note: pure-letter words are, by circumstance, all very faint and pastel. You've got to snick in some odd-digit numerics replacements if you want to bring out bring out some vibrance.)
You know, if Victor Borge were alive today, he'd find some way to put this into his act, right between Inflationary Language and Phonetic Punctuation. Then again, I expect Randall Munroe of xkcd to have a field day with this.
Yeah, using the standard linux wordlist is going to leave off a lot of perfectly good proper-name and slang action, but I didn't feel like trying to hunt for wordlists this morning.