I guess, in theory, whoever hosts the 2012 WC could put F4B on the schedule, and it five nations sign up, it would be resurrected. But considering the lack of participation when it was a "solid" event, it seems like the odds of that are slim. Then again, maybe the 2012 WC will be at a venue where five nations are in easy range of surface travel and lightning will strike.
In the interium:
FAI scale rules are 82 pages long, of which 42 pages relate to CL.
AMA scale rules are 29 pages long, of which 14 pages relate to CL.
Furthermore, AMA rules are written in Yankee English by a committee of our peers.
FAI rules were assembled by a multinational committee and translated into a convoluted version of The King's English that's not so easy to comprehend.
So I suggest that, at least until F4B gets back on the menu, we make life easy and use our own rules.