Sounds pretty cool. you don't actually need a Torah scroll for studying, that's just for Krias HaTorah. You could always use the Stone Chumash, one edition of which has the whole Tanach...
Still a huge fan, of the whole idea, though. This is just the kind of thing very useful for travel while looking up stuff. And while the Nach isn't QUITE 20 lbs. a Kindle Fire is still lighter, and cooler.
I've got a harder job, though, I need to convince my rebbeim to let me have one in yeshiva with a Gemarah app. Probably not going to happen.
Although it's still useful for travel, of course. Carry around all of Shas in your pocket, you know....