Using 16mm PL lenses on the BMC

Hi everyone, i have a question regarding the crop factor of the BMC. Most of you are probably familiar with the A-Cam of Ikonoskop which shoots FULL HD with a 16mm-like sensor so there is no cropping on these 'older' lenses, but as now is known that the BMC's sensor is slightly larger than 16mm and slightly smaller than M43, i was wondering if you could still shoot with 16mm lenses because of the 2.5K image and cropping it to 2K or FULL HD.
Would this work? You could save a --load of money on quality cinema lenses this way...
Would this work? You could save a --load of money on quality cinema lenses this way...