So how I see it to go Thomas Richters route:
Pay Hyperion lots of money for the license
Pay the owner of P96 for a license
Pay one or more developers for adapting both (in case of 3.1 you certainly need to sign NDAs what reduces the number of developers being able to do that)
And then you are very much dependent on the owner of 3.1., you cannot fork and develop in a different direction.
Then what is what you pay for? Just a binary?
I do not see any sense in that...
As much as I would like to see a new version of AmigaOS for Amigas, Olaf seems to have it right in pointing out the huge effort required.
Fork Aros is the name of the game.