I've done this!! I didn't go so far as to take everything out, but when an outfit looked great I took a picture of it and added it to the album.
Now, in my retired life, I've put together a handful of outfits for 'nicer' wear and they hang together for dressing ease. I work a couple of days a week at my son's restaurant and have two pairs of flowy culottes and two shirts for each pair. One shirt is hot hot weather, the other for hot weather. I'll do the same for fall and winter. :)