This is not the first time I have heard of something along these lines. But the suggestion that I heard was a compromise suggestion that, to this day, I find irresistable.
The suggestion was to limit the length of tees, to about 2.25" or less. (As short, or shoter, than current standard "short" tees.
The thinking is, that latest and greatest of the 460cc drivers have very deep faces, which require long tees in order to hit the ball high up on the tall driver faces. Take away those long tees, and you will force players to hit higher lofted drivers, perhaps with smaller heads or shallower faces, and you will also likely force a higher-spin hit off the tee.
But in watching the WGC Match Play today, I think I witnessed Paul Casey hitting a forged-blade Nike 7-iron, with a Dynamic Gold Tour X100 shaft, from 205 yards. I don't know what a tee-length restriction does about that.