Both the original and [Frank]’s homage are ribbon microphones, in which a thin strip of corrugated metal suspended between the poles of magnets acts as a transducer. But the similarities end ...
But if this digital microphone project is a bit too modern for you, why not try your hand at building a ribbon microphone instead?
You get a lot more muscular pumping low end from the proximity effect of the microphone, and, especially with ribbon microphones that are bi-directional and have a fairly exaggerated proximity ...