Yeah, that's another thing I would like to do some day. I have the software, but I just lack the time. Spring should yield a lot of free time for me though.
To start with, IMO, we should have a simple, short script. Maybe the equivilant of five minutes of audio, with maybe two or three voices. The script should cover a range of things, from dialog to narritive. It should also contain parts where people can express emotion, from anger to excitement. Then we could get all the members who have the equipment, and have them read the lines, and send them over to me. I can patch it all together, add some music and sound effects if required, and then we go from there.
My basic idea for the beginning is to get the vocals of everyone who is willing on file, so we know who is willing and capable of doing what. We would also have to figure out how 'effecty' we want to get. Do we want just a straight up audio reading with some music in the background, or do we want to go complex and try do a full on audio drama? The former might be easiest for starters.