I didn't get a chance to take a listen until today, but I unfortunately don't have any super positive feedback. I applaud you for trying, because I also love so many of these songs and wish OSTs would have come out. However, like Magic Bag suggested, I think the better way to handle it is to find episodes where the song plays with as little dialog or sound effects as possible and splicing them together. Problem is, it's so hard to find points like that. And it'd require a lot of work to get it to fit together just right, I'm sure. In your case, I still hear pretty much all the voices and effects that are over the song, that it doesn't do all that much for me. Other than some laughs because the characters all just sounded distorted and trippier. 
Well, I did kind of realized that it's just sounds bad, so I decided to stop updating. I mean, it does not bother me that much, but few others, like you, told me things similiar to what you just said here.
Oh well, I tried.