What an incredible coincidence!
I was thinking of making this very thread just the other day. Same requirements and everything.
My suggestion: what if someone used the PAL Project Zero (The name of the Fatal Frame games outside of the US) art and replaced the "Project Zero" text with the Fatal Frame font from the second and third games? The art is much nicer on it, and more fitting for the game.

It seems easy enough to do. All that would be needed would be for someone to scan some good raws of the PAL version of the game.
I'd do it myself (make the cover that is), but I lack the tools. I'm sure someone here can help though.