Sure Karl,
You get some grant money for research and development, I'm your geek.
It would be fun. I haven't done a control project in ages.
I have a little CMOS Z80 controller board worked up that should run on about 25 milliamps (not counting off board I/O interfaces, of course).
Personally, I'd go that way and just write in Z80 Assembly, or Tiny C, or as fast as this thing would run maybe even BASIC. Once it's up and running, anybody could then tinker with the software quite easily.
It would be a little overkill, but if I'm writing code, I'd prefer to do it on something I already know.
Fewer surprises.
And, like Roger pointed out, the little controllers are, well, little(!)
Richard