There's some nice synergy between this idea and the now-famous xkcd about passwords from a few weeks ago:
http://www.xkcd.com/936/
The information-theoretic idea of encoding bits as words leverages the things that humans are just cognitively better at. When a transmission medium is likely to involve a human brain at some point in the trip, it behooves us to remember that brains are not always good at the same things computers are....