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Raemon comments on Kill the mind-killer - Less Wrong
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The biggest issue I see is the "lawmakers end up getting seriously owned by lobbyists" issue. I think that limiting, at the very least, to people who actively WANTED to be a lawmaker would solve several of your problems.
There are potential issues with the education requirements I outlined in my post (the question of "who controls the education requirements" leaves open possible corruption, a la literacy tests). But I think it's worth considering.
I agree that this would work better for a new government than retrofitting an existing one.
This, however, leads to the tragedy of the commons problem that it's in each faction's interest to increase the number of it's members who WANT to be lawmakers to increase the chance that one of them is selected.
One of the main advantages of the random congress is that it doesn't favor people who want to be lawmakers. See HHGTTG.