That's why, while well-intentioned it would be suicidal.
Well what's the end game, then? The Muslim population is going to continue to grow much faster than Jews, both in the West Bank/Gaza, and in Israel proper. The Israelis are not going to be able to move enough people into the West Bank to not be heavily outnumbered by Palestinians. And the more they move in the more targets they are and the more expensive it becomes to protect them from attacks from an increasingly angry Palestinian population.
Persuading Jordan to take over the West bank and annex it into Jordan, and Egypt to annex Gaza is the only alternative I can see.