No. It would make the game even more about the the big clubs than it already is. As we already know that the Premier League is purely a training competition to allow the big sides game time between Champions League matches.
Personally think this is horribly arrogant. Why should good football league clubs such as the likes of Sheffield Wednesday, Huddersfield, Coventry, Leeds etc have to make do with playing against Premier League reserve sides? Not to mention that these 'B' teams have no real tradition or supporters.
Its b*ll*cks and I'm glad the FA will never let it happen.