I was, like you, fascinated with the Wave feature on Emerson's knives. I built a horrible looking thing from kydex, glass fiber and epoxy resin. It hooks on to the thumbstud of my SOG X-ray, sticks out like a sore thumb and looks like a pile of dried snot, but it works. I believe some others have also tried doing it, some by grinding and others by making bolt on accessories. Tried looking around for the thread which I started on this topic, but the last 3 years worth of archives have not been loaded. Only the first year's archives are up.
Go ahead and try it. The geometery, ergonomics, etc. are simple and when you've built or modified your knife, you'd slap your forehead and exclaim "why didn't I think of that?" BTW, you do have a knife with a Wave you can model? Like I said, it's not hard to copy. Probably a lot of work to grind in to an Endura though. You'd have to remove quite a lot of material.
Just to let you know, Emerson already holds the patent on both the Wave as an intergral part of the knife and as a bolt on accessory. Some forumites seemed a little touchy on the issue, but I believe that if you merely confine the mods to your personal knives, Mr Emerson won't mind.