So I've been reading about 5E. Even signed up with Wizards to be a play-tester. It seems like a natural fit for the Busan Gamers, since some of us are old school and some are new school. If the game will be designed in a way to placate both parties, then we're the kind of crew that should be trying it out and giving them feedback on what works and what doesn't.
Anyway, about the jogging of memory (since I have no insightful things to say about 5E itself). About two years ago, when I first started blogging, someone in the nascent OSR blogosphere was running a game using BX for the DM's rules, and letting the players use the 3.5 PHB to craft their characters. And it worked out.
I'm thinking that's the sort of thing Mearls, Cook, and Co. are hoping to achieve with 5E, so it would be interesting to read those old posts again.
If it's your blog, or you can remember better than me who it was, please drop a line in the comments.