Hi again, @Pat750!
Yes. I've read that info, but I need to know a couple more things, like for instance: what's the meta-data folder for?, do I need it? I can't do anything in TRWP with it, so if it's necessary, then that's the end.
True, I've realized that lz4 files are compressed, but easy to decompress as you point out.
Generally, the idea makes sense to me. The main question here is: can the Oreo system boot off a Nougat bootloader? I.e., does Oreo feature a "bootloader checker" ready to abort the boot process? Likely so. At least, were I the engineer, I'd do it that way.
Anyhow I guess I'll just try. Not much to lose: at worst, I can always enter recovery and flash my nandroid backup.