Sounds like a good idea and one way to reduce paper clutter - I just have to teach myself to stop tearing recipes out of maggos/newspapers etc!
I decluttered 3 years ago when I moved here, but seem to have built up more mountains of recipes! Not that the folks at work mind as I am always trying out new recipes on them - cakes, cookies etc.
Don't know what they will do when I retire in 2009..... I think they will still expect me to visit bearing gifts of food.