At first I was gonna say: "No F-ing way that will work in F3" but if someone made it to work with Oblivion then hell yes, someone needs to do one
The Oblivion version is only possible because of a special plugin for it's OBSE utility, the Oblivion version of FOSE, called Pluggy. Oblivion's OBSE is much more advanced than FOSE, so it doesn't necessarily follow that it's possible for Fallout as well. There would probably have to be alot of work done on FOSE in order to make it happen, then someone would have to come up with a Fallout version of Pluggy as well.