This is a really great idea and I think there's a business model here. I see this as a "24 hr fitness" kind of model. We take out a given space and equipment and we have members which pay a monthly fee.
I'd like to know what you guys would be willing pay for this service. 24 hr fitness wants $124 upfront and $42.99 per month for a Kapiolani location. Would you pay same for a coworking space? Lets assume it would have all the stuff you'd need to work except for computers: desk, cubies, power, wifi, conf rm, projector, seating, etc.