Send me a cleaned-up Hard Times in searchable PDF.
And while you're at it, send me the MT Players' Manual (third printing) in searchable PDF. (Don't send me the DTRPG version; they probably have a copyright or something).
PM me when you've got 'em ready.
Send me one of the books you want with the spine cut off (or with permission to have it cut off), get me permission to actually make the copy from the copyright holder, and then send me some assurance that the final result will be distributed to others (in some way -- i.e. you're not the only one getting the result of the work), and I'll do one book.
Then I'll write up my process, what tools I used, and how others can duplicate the effort.
I won't do it simply for one person, but if I knew everyone else would have the opportunity to get the result, then sure.
See, if I knew that by doing one book I would be helping others get the material, and also be getting the rest of the material myself (because others would be doing the same thing), then it's not a horrendous project.
A perhaps even better idea, but would take some more initial work, is literally retyping and relayout of the works. The beauty of this is that you end up with an editable "source" for the books that can be used to generate PDFs, or HTML, or whatever. It's also easy for ANYONE to contribute, because they would mostly just have to type text from the books, and that means that a lot more people can participate.
The hard part is setting up some macros for the page layout software and publishing a style guide for folks to use. The other hard part would be for things like tables. We'd also need scans of the art. But none of that is necessary to start the process. The most basic markup would be useful right off the bat.
But most of the books are simply bulk text. Once it got rolling I'd think it would go rather quickly if we had enough contributors. Imagine setting up a web page with some simple markup rules, and fields for book, page, and the page text. Any Joe with the book can sit down for 15 minutes and type a page in. With an 80 page book, and 80 Joes, we get one book in 15 minutes

. So, unlike 9 mothers and 1 month baby, this project can scale.
You also end up with REAL text, not scans of text, so it's easier to cross reference, index, incorporate typo fixes, add hyperlinks, etc.
There's a book, called "Thinking Forth", that was basically out of print and literally digitally retypeset by a group of volunteers. They scanned and rekeyed the whole thing into LaTEX. The author was kind enough to let them redistribute the book for free (both in PDF form and the LaTEX source).
No, I don't expect MWM to free traveller, but getting the text rekeyed and laid out is still an interesting idea.