Sure, just modify sambo a bit. It may help the sport and its fans grow up a bit. We have to get people out of this UFWWE thing.
Add a poll. Some form of integrated combat discipline, yes. Full-contact MMA as it exists in the professional ranks, eh - don't know how realistic a goal that is.
Here's a challenge for all of you: Look around on the internet for the MOST SUITABLE set of rules for amateur MMA that would be most likely to garner acceptance from the Olympic officials. (And post it, of course).
http://www.youtube.com/watch?v=3bA1lmlYh7s&NR=1 http://www.tournament.info/madoc/rules/Sambo_Combat_Rules.pdf I still think it's the best. It's been tested in and out. These rules work, perhaps change the point system. The video looks very "Olympic" if you will. This get my vote . Pro's can't compete. This is an amateur event, much like boxing" eventng, and the likes of Fedor, A.Silva, GSP etc. can't compete.