For a scholarly analysis of the "jumbled spelling" urban legend which has been floating around the net for a few years, see this article on jumbled spelling from a Cambridge linguist
which also includes a few other scripts which do similar things to yours. The issue has come up here at PerlMonks before and there were a few other scripts posted. I tried some searches but wasn't able to find it.
update Ah, found it. (The previous PM posting on a jumbled spelling generator).
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