New headset $20.00, new adjustable 1" riser adjustable rise stem $40.00 and this will raise your bars up about 6" higher than a stock stem and probably longer cables and housing will be needed, and way to much leverage to the steer tube, your done and won't get killed. Your idea is interesting but you will need a lot more parts to make that work, headset, spacers, stem, and cables ect. and 1" tread less stems are even harder to find.