carpboy, first off I'd like to welcome you to the THP! It's a great place to hang out but even better when your active.
I've never tried it but that's not to say it won't work. The only way to really know is to do it, well go get some store bought dried chili's and give it a shot. I wouldn't risk your good super hots on an expieriment. Oh, for what-its-worth, I'd reconstitute the peppers in warm water till they're fully rehydrated before starting the fermentation. Also, I'd add some fresh ingredients like some Onion, Carrots and Garlic as well.
If you do this be sure to take pics and post up your procedures. Alot of us will be sure and follow your progress.
Cheers,
RM