So, yesterday I decided I needed to progress my DF education and learn about screw pumps, waterwheels, and the like. I think it was because I saw markavian's pumping out of the ocean that inspired me.
Generated a new world that had several volcanos pop up, including plenty of surrounding vents. I found a really nice landing spot, in a river valley loaded with trees, and a lava vent (hidden initially, but pretty darn close to the river). Also has a two-level aquifer, which is another challenge I wanted to test out.
While I was trying to figure out how screw pumps would work to dig out an aquifer (and not flood my fortress at the same time), I wondered if there might not be another way down. I had seen discussions about lava and water forming obsidian...
That's when I started the "Obsidian Core" plan. Drop a bunch of water in the center of the vent to make a solid platform. Dig a channel and drop more water. Keep doing this until you have a big floating cylinder of obsidian in the middle of the lava vent.
So I started it. Not the prettiest operation -- again, I was still learning how all the machinery works, so my setup is probably far from efficient, and I had to build, deconstruct and rebuild several times. In the end, I don't think this would be effective... I don't see how you could branch out to the sides once you get past the aquifer... not without turning the whole thing into obsidian, which might work but is less cool.
I dunno. Maybe others more experienced will have better ideas. Anyway, I recorded a movie forming the first layer... sort of an Obsidian Island floating on lava. The movie doesn't show it, but I was able to dig down from above and actually put dwarfs on the rock without need for a bridge.
Obsidian Island