FYI: The 4th gen Accord is basically the same weight as the S2K. According to Honda's website the S2K is 2855 lbs. I couldn't find specs on the 4th genner, but the 5th gen Accord is 2850-2900lbs or so. I'm sure the 4th gen Accord is a bit lighter than the 5th gen...it could end up that the 4th gen is lighter.
Now does that make it a good idea? No...unless you already have nice cars and you're just bored and want to make something different.
If you are dead set on RWD, then buy a used RWD car for the same amount of money you plan on spending on this project.
But if just want to make something different and don't have expectations of it being the most amazing thing ever, then sure, go for it.