I love the idea of a rejuvenating outsole, but the thought of replacing each lug kind of sounds like a pain. Have you considered doing the reverse? Instead of replacing old lugs you should protect the existing ones. There's videos of people on RU-vid covering there outsoles with shoe goo. This creates a sacrificial layer on the lugs and keeps the actual lug from wearing out.
Love them - well done! 👍 I've subscribed, would definitely like to hear more whenever you're ready 😁 (I'm a bit of a luddite so don't use other social media...)