I think its a great idea, much the same as a Golf Club may have a plaque on their wall for past members etc.
However, being the devils advocate here.. unless WGT can provide better moderation of the forums, this thread may end up horribly off-topic in a very short time.
We already have English Nazi's littered in the threads offering their grammar and punctuation corrections without offering any substance to the topic..
We will experience completely unrelated posts and questions in the thread and may even witness some kind of argument or two.
I love the idea of paying respect to passed members, those who have gained friendships in WGT.
We can only try it out and keep our fingers crossed some respect happens from somewhere to perpetuate the goodwill of the topic.