Lawrence:
Yes, it would be PHYSICALLY possible to design just such a small ship with 300+ square foot balcony suites. Each deck housing suites would have to have only one hall in the center fore to aft. the suites might have to be more "squarish" than those on, say, the Voyager. But it could be done. As others have mentioned above, it appears that real or perceived lack of economic incentive is the barrier to construction of new ships of this size, not architecture.
Thanks,
Richard :) :) :)
