Rotating Mercury Lunar Observatory
Fraser Cain writes "Universe Today is reporting on a proposal under consideration by NASA from Dr. Robert Angel at the University of Arizona. He wants to build a 100-meter liquid mirror telescope into a crater on the Moon. It would only be able to look at a specific spot in the sky, but the view would bury Hubble's Deep Field Survey." The challenges of off-Earth construction are left as an exercise for the reader.
First off, this far outstrips our present launch capability. Second, we would require a much more reliable method of sending things into space before we decided to send up a significant amount of liquid mercury, given that a failed launch of a rocket carrying a large tank of mercury would be a major ecological disaster. It's a great idea in theory- pouring a bunch of liquid into a bowl would be certainly preferable to the tremendous amount of skill and effort required to properly build and polish large telescope mirrors- but I'm not sure how long it would be before this idea becomes even remotely practical.
"FDA staff reviewers expressed concern about the number of patients who were left out of the study because they died."