Kevin,
I had been thinking of doing this also. There's something about the layouts of the early postwar era. I'm thinking of shooting for something out of 1950-1955. The old train magazines of that era have numerous examples of these layouts - Model Railroader, Model Builder, Model Trains, and others.
The only problem is whenever I think about using vintage materials, I'm not sure if I could give up my latex/acrylic paints, my modern glues, caulks, etc. I also think back to my early efforts to dye sawdust green. Most of the time, I achieved a green definitely not found in nature. Thank God for Woodland Scenics and Scenic Express!
I may still give it a try someday.
In the meantime, I'm looking forward to seeing your project. Please keep us up to date.
Jim