What's the wayback machine with and without images? Is it possible that we could distribute the ASCII/Unicode content now?
It may be your target, but I would not be so dismissive of the other data in the Archive. The Software Library, the tens of millions of scanned books, the music, etc etc. On top of that, the raw scrape data driving the Wayback Machine is not currently made available to download from the archive. It's stored in WARC files, which would include both the images and text of all scrapes and would not be trivial to disentangle.
Please, consider making a subscription service for the warc files, let us pay to get access to a query interface. archive.org could raise significant defense funds.