I just had to (chose to) jump over it, while reposting pictures to different threads. I think this is a good idea within a thread, but only if the posts are close together. If the post referred to is several pages back, making the picture immediately visible helps with context.
Figuring out the necessary changes to make the picture visible again is probably too uphill to most non-veteran users, so while this does clean up a bit, I am worried it might be an overkill?
How many people are bandwidth limited these days anyways? I am not, and maybe I am a bit spoiled compared to others, but I think it is partly up to the user to apply discretion there. For example, when surfing the forum from my iphone, I do not open threads like the car threads that I know are picture heavy. But then, in the desktop computer, I love having all the pictures there, not one click away.
Just my opinion.