I often think I should forget about this project altogether and focus on a viable one.
The alternative is to wind up as Burdian's Ass, who is equally hungry and thirsty, can't decide whether to eat hay or drink water, and so dies of hunger and thirst.
And if you choose wrong, you'll find out soon enough. Personally, I had a lot of projects I couldn't stop thinking about, but when I finally started working on them, I quickly realized it's a bad idea. The usual reasons were: a) I already found it done by someone else in a form that satisfies my needs, b) it became obvious that either the process or the outcome won't be as satisfying as I thought it would be, or c) after scoping it out, I realized I'm not in a position to invest the required amount of time and effort.
Abandoning a side project early is not a bad deal. Your research and thoughts put into it stay with you forever, and it often happens that you'll get secondary value from them on some other endeavor.