I mentioned this, in passing, in another thread - the concept of a deepstack bounty hunter tournament.
I think it would offer the 'best of both worlds'. It would have a long structure, decent blind levels, and for the initial few levels, should certainly play like a regular deepstack, thus - for the most part - eliminating the sometimes bingo mentality of shallower bounty hunters. It is only once these stacks become very short (which in all likelihood will not be for a while for most players) that the head comes into play. So, in effect, it is two different styles of play in one.
There are many people who love bounty hunters, and there are many people who like deepstacks. I think this may please most. Can we marry the two and have babies?
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BTW I like your idea but I still think you would get the bingo players to a large extent.
ie short stack 200 chips so calling 200 from a stack of 1500 chips will look less tempting than calling 200 from the chip stack of 3000.