Mirco WHFB

I've been wondering about WHFB I really enjoyed playing this game when I was a kid [yes it was many many many years ago]

and I've always wanted to get back into the game but to be honest I can't afford the time and money painting up a massive army.
so an alternative would be using the WHFB rules but using.... wait for it.....

WARMASTER minis?

what do you all think can this be done?
to keep track of wounds you'd use those really small dice I got a few and can easily get more.

The only issue I have is the current range of minis from warmaster can they be used to represent WHFB units?
the heroes and characters are ok to do and weapons could easily be written down or some kind of card used etc.

any feed back on this would be great... what is the current edition for WHFB and what is it like?

Cheers
LGW