A fellow named Kevin Van Horn did a similar project, writing an extended commentary on the book. I thought I saw him on this site once, but can't find him. Probably another hallucination.
But it seems he's an HPMOR fan - such fine taste in books.
http://lesswrong.com/lw/bdo/rationality_quotes_april_2012/692e
See his site for his commentary on Jaynes: http://ksvanhorn.com/bayes/jaynes/
Thanks for this! I'm going into more depth than Kevin, but I expect I'll find his commentary useful myself.
http://reasonableapproximation.net/2014/02/02/cliffs-notes-pttlos-part-1.html
(I'm not cross-posting this because I expect to have to make edits and don't want to have to make them in two places.)