Reenacting Glenn's Flight?

Personal Spaceflight has a post on an idea to redo John Glenn's original spaceflight in modern times. One of the commenters has an idea for a different way to remember that flight:

A far better honor would be to use the money as a prize for placing a private astronaut in orbit. $45 million would get folks interesed. Call it the Glenn Prize in honor of the flight.

I wonder what John Glenn himself thinks about the idea?