Sorry to bump such an old thread, but I really wanted to answer this question.
I didn't answer the thread originally because I really didn't have an answer. However, now that I've finally had a chance to play through Ico for the first time (playing the HD remastered version on PS3), I can say that I would want to live there. I've never played a video game before, where I've wanted to visit the world I was playing in as much as the world in this game. It's truly an amazing and beautiful game. It's a shame that I was not familiar with it until only recently.
Now of course, I would only want to live there if I didn't have to worry about fighting those shadowy figures...
Great game. Can't wait to finish it.