Hacking Disney Walkie Talkies into QRP ham radios.

I started a new project recently to determine if I could hack a Disney walkie-talkie into a QRP set. At first blush, it looks kind of simple, like maybe even a crystal replacement would do the trick.

Has anyone tried this? Is there a reason it specifically won't work?

Here are two pictures of the circuit board. The front looks simple enough. the back-side on the other hand... nothing by sm caps and resistors and transistors.

Ham Radio Exams Mentioned On....

Just a few links to sites that use or link to the ham radio exams.
Jim's Engraving (lots of good ham radio stuff)
KB6NU's Ham Radio Blog
Northeast Weak Signal Group
Arcadiana Amateur Radio Association
ARRL
QRP Amateur Radio Club International
Mike and Key.org
Gold Coast Amateur Radio Association
W1MLK Radio
Sequoia Amateur Radio Group
New Zealand Amateur Radio Study Guide
North American DX Association
ARRL
Bluetube Project
SolderSmoke
KB7TBT
Jim's Engraving
Decatur (Alabama) Amateur Radio Club
Acadiana Amateur Radio Association
Sam's Radio Hams
Milliwatt - BRATS Newsletter"
Big Bend Amateur Radio Club
New Providence Amateur Radio Club
South Bay Amateur Radio Association
shaunlippy.org
KP4NKE
AeroARC
WC5C
Delta Amateur Radio Club
KB1VCZ
ddxa.org
N9JRV
Valley of the Moon Amateur Radio Club
Raleigh Amateur Radio Society"
G3XBM
LWRA
K6AA