Yeah, I can see what you mean, but damn, that case looks like it's in REALLY good shape. I'd hate to hack it up too much.
The popup screen was +definitely+ the hardest part of my build, and while it works great and does look pretty cool, I'm not sure I'd go that route again because it was SO much more complicated.
One possibility is a flip out slide out mechanism under the top.
IE separate the top from the cab (mine was easy to separate, not sure about that one), mount the monitor to the UNDERSIDE of the top, then hinge the top to flip up from the back.
Finally, if you JUST do that, to monitor will be quite a ways back and to get a good angle, you'll have to move the unit away from the wall, SOOO, you mount the whole flip up mechanism on 2 draw slides so that the top with the monitor on it can slide forward while it's being flipped up.
I actually contemplated doing this for my build, but in the end, I didn't because
1) I wanted to do something with an linear actuator, just because

2) I wanted to be able to set things on top of the cabinet and NOT have to remove them when I wanted to open it up.
Another thing to consider, speakers, Looks like you'll have a little wider area that I did for a couple speakers, but in the end that 18" width or so doesn't make for a very large soundstage, and you'll have difficulty fitting 2 larger speakers in there.
I used some 4" full range speakers from a Kenwood 5.1 surround system, plus the sub, but I'm not terribly happy with the sound. It's ok, just not great.
I'm MUCH happier with the sound from the dismantled Altec Lansing 2.1 computer speak set that I used in my buffet project.
Unless you +really+ want to crank the volume, I'd recommend going that route.
Also remember that you'll likely be putting a harddrive in there, and great big speakers vibrating violently don't agree much with harddrives, so be sure to take some precautions there. (dampening mounts, vibration enclosures, etc).
An iris would be fantastic. But that's a whole other level of complexity!