Can I get a second opinion on my fun/slighly-mad idea? (Direct p2p networking, streaming, two ethernet controllers)

Of course, and if you didn’t miss side channel attacks I mentioned above.

But this should not stop you from your idea, because I still believe is interesting and legit, while not necessarily increasing threat level of your system.

On the contrary, it very much reminds on the next step in Qubes evolution (whatever my concerns would be about it)