Transylvania 6-5000 was a movie starring Geena Davis, Jeff Goldblum, Ed Begley Jr. and Joseph Bologna from 1985. The song Aaron was thinking of was "Pennsylvania 6-5000" by Glenn Miller
A good house rule for this would be only one movie from any franchise. If you say a James Bond movie you can't say a second, otherwise it just becomes naming James Bond movies.
I'd be up for it. Of course, it'd probably wind up being at least a four-parter. And I would worry about the collective amount of alcohol these guys would consume in the process...