Excellent.
Would it worth bringing this up at comp.tex.tex and/or
latex-community.org in hopes of soliciting volunteers?
Has anyone tried any of the html2latex converters (I guess there are several scripts by this name) already out there? There is a list of five of them
on the PC Textprocessors to (La)TeX converters page at TUG? I have to confess I haven't tried any of them. (Most seem to be in perl or C... I have to confess that if I were going to start honing my own skills to do better, I'd prefer something in Python, so maybe ahi's is a better place to start...) I have used the rtf2latex2e converter listed there, with so-so results.
(P.S. I guess while posting, acidzebra has chimed in with some feedback on one of them! Great...)