On the other hand, I would love to see "HTML5 and CSS parsing and rendering for amateurs". Given the state of modern HTML5 and CSS standards, and ignoring compatibility and real-world usage (just like for toy compilers), Let's Build A Browser Engine sounds more tempting than Let's Build a Compiler.
(To preempt "contribute to existing actual real-world engine" suggestions -- while that's worthwhile, it's like saying "contribute to LLVM" to someone looking to write a toy compiler, ie. completely misses the point).