Well my friend, this is definitely an interesting idea. But one thing came on my mind - you shouldn't never forget, where you left your cursor, or you will end in turning your head left and right to search for it.
Cursor, hey cursor! Where are you? Oh here you are, good doggie, err cursor :lol:
Imho leaving the cursor as it is now and making it "magnetic", or attachable to the knobs and switches would be better for cockpit clicking, as we can see in Falcon BMS.