Thanks for the feedback everyone. I'll get working. I am going to work on option #1 since the majority of folks seem interested in that. Based on feedback that some folks would like some advanced features (altimeter, compass), I am going to try and source a new display that will look just like the OEM (same color as OEM, including variable illumination as factory), but it will have 4 digits (maybe even alphanumeric), I am going to play around with original display too. Too soon to tell which direction will be best, but I'm a stickler for details so it'll have to look 100%.
Based on feedback here, I am thinking it'll have the following functions....
1) Clock, this will work pretty much as it does today. H to adjust hours, M to adjust minutes. H & M together to switch between 12 Hour Time and 24 Hour Time.
2) Temperature 1, F or C, from -99 to 999. You'll use M to flip back and forth between F and C. H will be unused. I will include temperature probes, I'll look for something readily available and high quality.
3) Temperature 2, F or C, from -99 to 999. Same as above. They will be independent so if you want T1 in F and T2 in C or vice-versa, not a problem.
4) Altimeter (opt), I am going to design this in and for those folks who want it, it'll be extra to cover the cost of the part. It will display altitude in F or M from -999 to 9999. It is likely no units will be displayed because it's unlikely I will be able to fit more than 4 digits in the existing space. You'll use H and M to set the sea level pressure (required for any altimeter that isn't GPS based), and you'll press H and M simultaneously to switch between Feet and Meters.
5) Compass (opt), I will design this in as well, maybe for simplicity sake, if you want the altimeter you also get the compass. It'll read in degrees from 0 to 359 (probably in some increment, 10 degrees). You'll use M to set your zone so that you get a corrected heading based on your location (as true north and magnetic north are not the same).
I can probably include another temperature sensor, at some point it just becomes a limitation of how much space there is on back of unit for additional connectors and how many probes are included for the price.
To cycle through the functions you'll press the :00 button. When you do, you'll see C, t1, t2, A, D, if you stop cycling through it'll display the requested information. Like so...
I know the graphics are pretty basic, but I think they do the job...