IMO...Hood look really cool on a T. They tend to give a car a no-nonsence look, very cool!
A good example of this is the '27 Modified that Brian Brennen built in Street Rodder a few years back. As I remember it, he gave a pretty good over veiw of what it took to build one. I don't know how much help a stock hood would be for a project like this. It would be too short for one thing. If you are running outside headers, the side panels would hve to be built in two panels per side, so you wouldn't use the side panels anyway. It's been my experience the only thing a center hinge on the top is good for is eating paint. A one piece lift off top panel prevents this.
If you are still interested in doing this, I can look up Brian's artical for you.
Ron