Although it isn't cost effective, there is a possibility of changing a hardtail frame into a FS. A friend of mine is also a bike shop owner, and wanted to take a frame building class. He got the idea that he would take his favorite hardtail and make it FS. Needless to say, with a lot of work and patience, he was able to do this. His bike is indeed an awesome bike and rides really well. However, for the most part, I would agree with Irulan that it simply isn't the best choice. Although, I still in my mind tend to think that "nothing is impossible", but it certainly can be not practical
